Oil Eases from Record as Chavez Wins Vote
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Oil prices eased from new record highs  on Monday as victory for Venezuelan President Hugo Chavez in a  referendum on his rule eased fears that unrest could upset the  country's oil exports.
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Oil prices fell $1 below record highs  on Tuesday as fears over supply disruptions in Venezuela eased  after President Hugo Chavez won a vote on his rule.
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London: Oil prices hovered below recent record highs today after intervention by the Norwegian government to end industrial strife in the worldâs third-biggest oil exporter took some heat out of feverish markets.
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Oil prices tumbled on Monday after OPEC producers agreed to keep crude output unchanged for now and Iraq's elections passed without disruption to oil exports.
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NYMEX crude oil futures  hit a  new record of $46.76 on Monday on worries about possible unrest  and disruption to oil supply as Venezuelans voted in a  referendum on whether to recall President Hugo Chavez.
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Oil prices eased on Tuesday as fears of  supply disruptions receded following a convincing referendum  victory in Venezuela for President Hugo Chavez and after  Russia's YUKOS said it had received a government assurance on  September exports.
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Oil extended losses for the seventh   consecutive session on Tuesday, retreating to under $65 a   barrel after Iran sounded a softer note on its atomic program   and OPEC agreed to keep production steady for now.
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U.S. stocks gained on Monday as oil  prices dipped after reports of victory for the Venezuelan  president in a referendum on his rule eased fears about the  country's oil exports.
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Oil prices settled under $41 for the first time since July Friday as dealers took profits on a widely expected move by the OPEC cartel to curb production in excess of its official output ceiling.
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Oil steadied above $62 on Friday as   burgeoning U.S. inventories and slower-than-expected economic   growth balanced possible action from some OPEC producers to   trim output to halt the decline in prices.
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NEW YORK, November 3  - World crude oil prices witnessed significant volatility today on news of John Kerry conceding the US presidential elections, rising above the $50 per barrel mark.
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LONDON  - Oil prices continued their retreat, dipping below 50 dollars in New York as Americans voted in a presidential election expected to send ripples through oil markets.
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LOS ANGELES, Aug. 17 (UPI) -- Oil futures reached a record high Tuesday as the market fretted over simmering potential pitfalls other than last weekend&#39;s vote in Venezuela that kept controversial strongman Hugo Chavez in the presidency.
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Oil eased from its record high on Friday as a hurricane subsided in the Gulf of Mexico and as fresh evidence of credit troubles in the banking sector hit financial markets.
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Oil prices eased from new highs on Friday as dealers pocketed profits from a long record-breaking run after escalating violence in Iraq took US crude close to $50 a barrel.
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CARACAS, Venezuela  - Venezuelan President Hugo Chavez said his rival averted a bloodbath in the polarized OPEC nation by quickly conceding defeat without contesting his landslide re-election on Sunday.
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Oil prices eased but held over $76 on  Monday, as expectations OPEC will maintain supply curbs on  Tuesday countered weak U.S. jobs data that raised concerns of a  recession in the world&#39;s top consumer.