Oil prices rebound on US report
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Crude oil prices rise again after eight days of losses, after a US report shows stocks at their lowest since March.
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Oil prices rebounded Friday but remained below $50 a barrel after declining 4 percent over the past week due to rising US supplies of crude and natural gas.
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Oil rebounded on Monday following a   steep slide last week after BP announced that production from   its giant Thunder Horse oil platform in the Gulf of Mexico   would be delayed to 2008.
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LONDON - Oil prices charged back up to $55 a barrel this week as a fresh fall in US heating oil stocks stoked worries over winter supplies.
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U.S. stocks rebounded on Wednesday  morning after the government reported a bigger-than-expected  rise in crude oil inventories last week, triggering a sharp  slide in oil prices.
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Analysts say OPEC could cut of oil production quota on Fridayâs meeting if US oil prices keep sliding. LONDON - Oil prices rebounded Monday after falling sharply last week on receding supply worries, buoyed
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Oil prices rebounded quickly from a brief fall late last week as fierce fighting in the Iraqi city of Najaf overshadowed Iraq&#39;s resumption of full exports following a two-week disruption.
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Oil prices rebounded slightly Thursday as traders took advantage of a drop in prices the day before sparked by a surge in U.S. distillate supplies.
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Oil bounced back above $70 a barrel on   Wednesday, recovering from a 10-week low, as traders   anticipated Iran would fail to meet a looming U.N. deadline to   halt its atomic fuel program.
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Crude oil prices rebounded Friday after declining over the past week as traders worried about supply disruptions in Iraq and Nigeria.
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U.S. oil prices rose on Wednesday,  pausing from a losing streak well above $40 a barrel, although  dealers said data on fuel supplies in the United States due  later in the day may trigger a new slide in the market.
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NEW YORK - Oil prices recovered from seven-week lows on Wednesday, surging more than 3 per cent as a drawdown in US heating fuel stocks rekindled worries about thin supplies ahead of the northern winter.
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Crude-oil prices rebounded Friday but remained below $50 a barrel after declining 4 percent in the last week due to rising US supplies of crude and natural gas.
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Oil prices rebounded higher on Friday, with prices in New York closing above US$50 a barrel for the first time, as traders fretted about Nigerian oil production amid a threatened rebel uprising.
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Oil rebounded slightly on Tuesday after an overnight fall of nearly 3 percent, as the specter of a recession in the U.S. haunted traders who fear it will diminish oil demand from the world's biggest consumer.
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Oil prices made fresh gains Friday, after leaping almost $2 a day earlier, as the US government said crude stocks sank for the sixth straight week last week and distillate fuels barely grew ahead of winter.
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Oil rose to above $90 a barrel on Friday, lifted by a broader stock market rally as the United States confirmed an economic stimulus plan to ward off a recession in the world's top energy consumer.