Oil: Oil rebounds on supply woes, election jitters
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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 rebounded on Tuesday as  fresh violence rocked Iraq ahead of elections later this month  and as Saudi Arabia, OPEC's top producer, said it is making  good on a pledge to cut output.
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Oil rebounded above $62 on Monday,   after briefly sliding to a six-month low on abundant supplies   in top consumer the United States and fears that slower U.S.   economic growth would stunt fuel demand.
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Oil prices rebounded to $58 on Thursday after fuel stocks in the United States were cut by freezing weather and as buyers reemerged following a 2 percent sell-off the previous day.
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Oil was steady on Tuesday after new supply disruptions in Nigeria and renewed geopolitical concerns about Iran rekindled supply worries, offsetting growing talk of a U.S. recession that would hurt oil demand.
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Oil prices rebounded Tuesday on fresh violence in Iraq ahead of elections this month and as Saudi Arabia, OPEC's top producer, said it has followed through with a pledge to cut output.
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Oil prices rose amid expectations a report will show U.S. crude stockpiles fell last week to post the seventh straight decline in inventories for the worldâs largest energy consumer.
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Oil prices rebounded from seven-week  lows on Wednesday as U.S. heating fuel stocks fell again ahead  of winter.
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Oil prices rose on Wednesday as  outages that have knocked about a million barrels daily from  world supply outweighed U.S. government data showing a build in  distillate stocks.
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Oil prices extended their bounce from three-week lows on Monday, climbing back above $52 amid jitters over thin global winter fuel stocks and this week&#39;s presidential election.
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Oil prices slid on Thursday after a bigger-than-expected rise in U.S. fuel inventories soothed some worries of a winter squeeze, but the fall was limited by an upcoming OPEC meeting and Iraqi elections.
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Oil prices spiked up above $50 a barrel early Wednesday as signs of an electoral victory for President Bush raised the prospect of continued high US demand and Middle East supply anxiety.
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Oil prices rebounded Friday but remained below $50 US a barrel after declining four per cent over the past week due to rising US supplies of crude and natural gas.
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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 prices slid on Thursday after a  bigger-than-expected rise in U.S. fuel inventories soothed some  worries of a winter squeeze, but the fall was limited by an  upcoming OPEC meeting and Iraqi elections.
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LONDON  - Oil prices rebounded on concerns that OPEC producers might announce a surprise cut in output quotas when they meet later this week, following a recent market sell-off, analysts said.
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Oil&#39;s rally wavered on Thursday, but worries over the security of Nigerian supply supported prices despite an easier US crude inventory picture and news that Russia&#39;s YUKOS would resume full supply to China.