Oil prices bounce back on winter supply worries
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LONDON  - Oil prices pushed higher, extending sharp gains seen late last week as cold weather forecasts for the United States and Europe rattled markets nervous about tight winter supplies.
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Oil prices briefly climbed back over $50  on Tuesday, pushed higher by supply outages in the North Sea  and fears about low stocks of winter heating fuels.
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Oil prices bounced back on Friday, ending this week&#39;s 8 per cent slide on renewed winter supply fears and jitters ahead of next week&#39;s US presidential election.
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Oil prices surged above $55-a-barrel on Friday as concerns about the global supply of winter fuels persist ahead of the Northern Hemisphere winter.
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LONDON : Oil prices rebounded after plunging by over 10 percent in under two weeks on fading supply fears, as traders turned their attention to weekly estimates of US oil inventories.
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Oil prices resumed this week's upward  march on Friday, driven by worries that a new U.S. cold spell  might erode already low winter fuel inventories.
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Oil prices made fresh gains above $55 a  barrel on Monday led by record-breaking heating oil prices on  fears of a winter supply crunch.
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LONDON  - Oil prices rose in London as analysts gauged the impact on key markets of a possible dearth of US heating oil stockpiles during the northern winter.
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Oil prices rallied further on Monday,  clawing back toward $50 a barrel for U.S. crude on heightened  concerns over low supplies of winter heating fuels.
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Oil prices edged higher on Tuesday  following Monday's fall of nearly $3 made on rising U.S.  stockpiles and warmer-than-expected winter weather.
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Oil prices rebounded toward $58 on Thursday after freezing weather cut fuel stocks in the world's top oil consumer, the United States and as buyers re-emerged following a 2 percent sell-off the previous day.
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Crude futures rebounded slightly Tuesday, following a 6 percent drop the day before on forecasts calling for warmer weather in the US, which eased worries about tight supplies of winter fuel.
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Oil prices resumed this week's upward march on Friday, driven by worries that a new U.S. cold spell might erode already low winter fuel inventories.
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Crude futures bounced higher Tuesday following a six per cent drop the day before as forecasts for warmer weather in the US eased worries about tight supplies of winter fuel.
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Oil prices surged more than $1 on  Wednesday as worries over tight heating fuel supplies in the  U.S. and Europe this winter countered a previous bout of  profit-taking by big-money funds.
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Oil prices rebounded from seven-week  lows Wednesday, jumping $1 as a drawdown in U.S. heating fuel  stocks rekindled worries about thin supply levels ahead of the  northern winter.
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Oil bounced back above $59 on Tuesday on expectations the coldest weather of the U.S. winter would cut heating oil stocks in the world's top energy consumer.