Crude oil prices soar on drop in heating-oil supply
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Crude oil prices rose sharply Wednesday as a government report showed a decline in US heating-oil stockpiles. On the New York Mercantile Exchange, crude oil futures for January
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Oil prices rebounded from seven-week lows Wednesday, jumping $1 as a drawdown in US heating fuel stocks rekindled worries about thin supply levels ahead of the northern winter.
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Oil prices jumped to record highs  above $54 on Tuesday as supply hitches hindered efforts to  build winter heating fuel inventories. They later shed more  than a $1 a barrel as traders took profits from the surge.
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Crude oil futures prices surged by almost $2 a barrel yesterday, the biggest increase in two months, after the Energy Department reported that United States oil supplies had declined more than expected.
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NEW YORK, November 22  - Crude oil prices increased to near the $50 per barrel mark this morning, amid renewed concerns surrounding a potential shortfall in the heating fuel supplies this winter.
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Oil prices surged nearly 6 percent on  Wednesday as the U.S. government reported a fall in heating oil  stocks in the midst of an arctic cold blast in the Northeast,  the world's largest heating oil market.
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Crude oil prices have dipped after the government said energy supplies have risen over the past week. It reveals surprising increases in the nation&#39;s supply of oil and distillate fuel, which includes heating oil and diesel.
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Oil prices surged on Wednesday as U.S.  government reported a fall in heating oil stocks and cold  weather gripped the U.S. Northeast, the world's biggest heating  fuel market.
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NEW YORK -- Crude oil prices have resumed their climb after word that the nation&#39;s crude supply grew for the second week in a row.
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Oil prices blasted higher yesterday, surging above $44 a barrel after government data showed a slight decline in crude and heating oil supplies as a Northeast cold snap drove up fuel demand.
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Crude oil futures continued to climb Friday, reaching new record high as decline in the US inventory of heating oil and tight supplies still overshadowed theenergy markets.
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Crude oil rose to a two-week high on concern that heating oil supplies may be insufficient as the winter heating season approaches in North America and Europe.
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CRUDE oil futures fell yesterday after the American government reported a slight increase in the US inventory of crude. The supply of distillate fuel, which includes heating oil, also increased, following
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Oil prices rose for the fourth out of the last five sessions Thursday as low stocks of heating fuel in all major consuming regions fostered supply concerns ahead of winter.
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Crude oil climbed to a two-week high on concern colder winter weather will drain supplies of North American and European heating fuels before inventories rebound.
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Washington: Oil futures prices bolted 5 per cent higher, climbing above $44 a barrel after US government data showed a slight decline in crude and heating oil supplies as colder weather in the Northeast drove up fuel demand.
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Crude futures bounced higher Tuesday following a six per cent drop the day before as forecasts for warmer weather in the US eased worries about tight supplies of winter fuel.