Oil slides below $61 on swelling stocks
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Oil prices slid below $61 a barrel on   Wednesday on rising winter fuel stocks and waning concern about   Iran, but Saudi Arabia, the world's largest exporter, signaled   the market may have fallen enough.
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U.S. shares are expected to open weaker  on Tuesday, giving back some of the previous session's gains,  as oil rebounded above $61 a barrel and amid caution ahead of a  consumer confidence report.
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Oil fell below $60 a barrel on Friday as investors doubted OPEC's resolve to carry out a planned supply cut and fuel inventories swelled in the United States, the world's top consumer.
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Oil dipped below $60 a barrel on Wednesday, as dealers took some profits from gains following an extended disruption to Alaskan crude exports and on expectations of a decline in fuel stocks in the United States.
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Oil prices fell to a six-month low  under $60 a barrel on Monday as BP's move to restore output at  Prudhoe Bay earlier than expected added to a sense of healthy,  secure supplies, while demand growth questions loomed large.
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Oil prices fell on Monday to an 8-week  low under $47 a barrel, as growing fuel stocks in the United  States eased fears of a winter supply crunch.
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Stocks slipped at the opening on Friday as oil prices topped $61 a barrel, boosting inflation worries.
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Oil prices tumbled again on Monday, sliding to an 8-week low under $46 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch.
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Oil prices tumbled again on Monday, sliding to an 8-week low under &#36;46 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch.
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Oil fell 3 percent to $61 a barrel on Monday as healthy fuel inventories in top consumer the United States countered plans by OPEC members Nigeria and Venezuela to trim output.
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Oil fell more than a dollar to below $62 a barrel on Monday as healthy fuel inventories in top consumer the United States countered plans by OPEC members Nigeria and Venezuela to trim output.
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Oil held above $61 on Wednesday as   dealers balanced an expected swelling in robust U.S. winter   fuel inventories against a warning from producer cartel OPEC   that it may take action to stabilize tumbling prices.
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Oil prices fell on Monday to a 7-week  low under $47 a barrel, as growing fuel stocks in the United  States eased fears of a winter supply crunch despite a cold  snap in North America at the weekend.
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Oil prices fell below &#36;73 a barrel on  Tuesday in thin trade, but nagging fears about supply  disruption and expectations of strong U.S. demand for gasoline  were expected to prevent a deeper sell-off.
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Oil slid almost $2 to a six-week low below $89 a barrel on Monday, as stock markets plummeted and concerns mounted over an economic slow-down led by top consumer the United States.
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Oil fell below $88 a barrel on Wednesday as stock markets continued their decline, shrugging off a temporary reprieve from Tuesday's steep cut in U.S. interest rates amid persistent fears of a global economic slowdown.
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Oil prices fell to seven-week lows below $47 a barrel on Wednesday as traders braced for another increase in US oil and natural gas inventories ahead of winter.