Oil eases after surge to $100
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Oil prices dipped on Thursday after leaping to a lifetime high of $100 the day before amid a new-year rush of investor demand fuelled by expectations of thinning U.S. stockpiles, the falling U.S. dollar and geopolitical risks.
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Oil eased on Thursday after crude stocks piled up in top consumer the United States and weighed heavy on amply-supplied markets.
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Oil prices slid on Thursday after a  bigger-than-expected rise in U.S. fuel inventories soothed  worries of a winter squeeze.
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Oil eased on Thursday after a surge to one-month highs in the previous session following Turkey's raid on Kurdish guerrilla targets in northern Iraq.
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Oil prices eased on Tuesday as milder  weather in the immediate term quelled concerns about thin fuel  stocks, though the market remained nervous about possible  supply disruption in the Middle East and Russia.
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Oil held near its lifetime high of $100 a barrel on Thursday, fuelled by expectations of another fall in U.S. fuel stocks and a struggling U.S. dollar.
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Oil prices fell Thursday, failing to top the $100-a-barrel mark, despite a larger-than-expected fall in crude inventories.
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Oil fell $2 a barrel on Friday from its $100 lifetime high as gloomy U.S. jobs data heightened concern about a slowdown in the world's top consumer that could dampen fuel demand.
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OIL prices were easing back from their recent record highs yesterday as the cost of a barrel dipped below the $46 mark.
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Oil held steady on Friday, hovering at  about $99 a barrel, after falling the day before as traders  took profits from a record rally that saw crude prices spike to  over $100 a barrel.
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Oil prices receded on Friday as dealers took profits from a record rally over $90 a barrel that was spurred on by winter supply worries and the weakening U.S. dollar.
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Oil eased on Thursday after crude stocks piled up in top consumer the United States and weighed on already well-supplied markets.
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Oil rose above $98 a barrel before falling back on Monday as reports of rising tensions in the Middle East outweighed concerns of demand outlook in top consumer United States from a feared economic recession.
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Oil fell toward $61 Tuesday on robust   U.S. inventories ahead of the winter heating season, but   producer group OPEC said the price slide from peaks this summer   had gone far enough.
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Oil eased to under $91 on Tuesday on profit-taking after an early rally.
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Oil prices dipped Thursday, broadening an overnight decline on a U.S. government report that the country's stockpiles of gasoline grew last week.
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Oil prices eased on Friday as a hurricane subsided in the Gulf of Mexico, although prices held near the previous day's record high on supply worries ahead of peak winter demand.