Oil weakens toward $63
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Oil stayed near $63 a barrel on  Friday, weighed down by bulging natural gas and heating oil  inventories in the United States and the suspension of an oil  workers' strike in Nigeria.
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Oil rose above $63 on Thursday after a   report that key OPEC producers, including Saudi Arabia, had   agreed unofficially to cut production to stem falling prices.
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Oil steadied below $58 a barrel on Thursday after its repeated failure to breach $60 triggered a two-percent sell-off the previous day.
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Oil slid to a six-week low on Friday,  continuing a fund-led selling spree that has knocked 13 percent  from last week's record highs as rising stockpiles have eased  worries of a winter supply crunch.
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Oil held near $93 per barrel on Monday in thin trade, pressured by an uncertain economic outlook for top oil consumer the United States and a firmer dollar, but supported by concerns over shrinking world oil stocks.
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Oil prices edged lower on Thursday, adding to a near 2 percent sell off the previous day caused by a smaller-than-expected drop in U.S. heating fuel inventories.
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Oil fell $2 to below $75 a barrel on  Thursday after Britain said it had thwarted a plot to blow up  aircraft in transatlantic flight and investors recalled the  slump in fuel demand that followed 9/11.
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Oil prices slid on Monday, drifting toward $90 a barrel as a weak close on Wall Street spurred some profit taking, although expectations that OPEC will maintain its production curbs this week limited losses.
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Battered oil prices struggled on Friday to shake off this week's &#36;6 slump, edging up from a 12-week low after a massive round of selling triggered by easing worries about winter supply.
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Oil prices came within a whisker of   retesting a near six-month low of $63 on Friday as supply   worries eased, knocking gold to three-month lows and dragging   resource shares such as Japan's INPEX lower.
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Oil eased near $60 on Wednesday  following big gains the previous day spurred by disruption of  Alaskan crude exports and ahead of U.S. government data  expected to show declining stocks of heating and transport  fuels.
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Oil hovered around $63 a barrel on   Friday, near its lowest levels since March, as ample U.S. fuel   stocks looked set to meet winter heating demand in the world's   biggest consumer.
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Oil prices edged lower on Thursday,  adding to a near 2 percent sell off the previous day caused by  a smaller-than-expected drop in U.S. heating fuel inventories.
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Oil eased below $63 a barrel on Monday as investors weighed plans by OPEC members Nigeria and Venezuela to trim output against healthy inventories in top consumer the United States.
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Oil prices fell to just above &#36;48 on Friday after the U.S. government said it would lend refiners crude from the Strategic Petroleum Reserve (SPR), but traders deemed the loan too small to have a lasting impact.
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Battered oil prices struggled on  Friday to shake off this week's $6 slump, edging up from a  12-week low after a massive round of selling triggered by  easing worries about winter supply.
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Global oil prices fall back from highs of more than $74 a barrel as US stockpiles grow.