Oil steady after slide on big US crude stockbuild
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Oil prices were steady on Thursday after shedding gains made earlier in the week following a massive build in crude stocks in the United States.
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Oil prices held steady on Thursday as data showing stubbornly low US heating fuel supplies ahead of winter stemmed a rout of nearly $10 since late October.
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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 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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Singapore: Crude futures held steady below $45 a barrel today after steep overnight falls that came as the US Government reported a surprise build in stocks of oil and distillates.
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Oil steadied above $62 on Thursday, taking a breather from a three-day rally sparked by an unexpected drop in U.S. winter fuel stocks and signs of solid economic growth in the world's top consumer.
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Oil prices held steady on Thursday  unfazed by a fall in crude supplies in the United States, where  stocks are more than 20 million barrels above levels a year  ago.
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A boost in US crude supplies and the end of American election uncertainties brought some calm to oil markets Thursday, with crude futures falling but still holding above the $50 mark.
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Crude prices stayed firm on Wednesday as traders held their positions ahead of mid-week US petroleum inventories data and braced for a possible production cut from oil cartel OPEC, which meets later this week.
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Oil prices held steady near $47 on  Wednesday, a day after striking another record peak as U.S.  inflation stayed in check despite scorching energy costs and  ahead of weekly data expected to show a drop in crude stocks.
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Oil prices steadied on Friday, stemming heavy losses this week, with a bout of cold weather in the United States expected to keep up demand for heating fuels over the weekend.
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Crude oil in New York was little changed after falling yesterday for the first time in four sessions as forecast mild weather and rising inventories eased concern that demand would outpace supplies of heating oil in winter.
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Crude oil futures were trading steady today as traders awaited a weekly snapshot of US petroleum inventories, especially of heating oil.
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Oil futures stabilized Thursday after a jump in prices the previous day that reflected a drop in US crude and heating oil stocks even as demand was rising with cold weather spreading across the US Northeast and Midwest.
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World oil prices stood firm on Thursday,  holding onto near-$2 per barrel gains made the previous session  when U.S. inventory data showed commercial crude stocks falling  to their lowest in five months.
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Oil prices eased on Friday as swelling  crude stockpiles countered worries over a cold snap in the U.S.  Northeast that is expected to keep furnaces fired up until the  middle of next week.
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NEW YORK - Oil prices steadied on Tuesday, holding Monday&#39;s losses as forecasts for a swift end to this week&#39;s US cold snap eased worries over thin fuel stocks in the world&#39;s biggest energy consumer.