Oil edges higher as Iran defies U.N.
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Oil prices climbed higher on Thursday as   Iran said it would never abandon its right to nuclear   technology hours before a U.N. watchdog was expected to report   Tehran had defied a deadline to halt atomic work.
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Oil rose above &#36;71 a barrel on Thursday,  paring an earlier loss, after a smaller-than-expected rise in  gasoline inventories in the United States, the world&#039;s largest  oil consumer.
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Oil prices rebounded to above $66 a   barrel on Tuesday, with bargain-hunting traders ending a   six-day retreat after Iran sounded a softer note on its atomic   program and OPEC agreed to keep production steady for now.
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Oil prices rebounded to above $66 a  barrel on Tuesday, with bargain-hunting traders ending a  six-day retreat after Iran sounded a softer note on its atomic  program and OPEC agreed to keep production steady for now.
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Iran is emboldened by oil prices, its opponents' involvement in other conflicts, and an ironclad belief in its nuclear rights.
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Oil rose more than $1 on Monday as the dollar slipped and tensions between the United States and Iran stoked supply concerns.
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Oil prices edged higher on Thursday   after hitting six-month lows the previous session, but big U.S.   fuel stocks and hopes talks with Iran could avert a crisis over   its nuclear program weighed on sentiment.
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Oil prices edged higher in Asian trading Friday but remained below the $44 level following a ceasefire in the battle-torn Iraqi city of Najaf, dealers said.
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Oil prices firmed above $70 on   Wednesday as dealers weighed tensions over Iran's nuclear   program against robust crude inventories in the United States,   the world's largest energy consumer.
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OPEC is united on the need to raise its oil price target to an average $30 a barrel, but the cartel has yet to agree on when to implement the higher level, a top Iranian oil official said on Thursday.
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Oil edged up above $63 a barrel on Monday as two OPEC members trimmed production in an effort to tighten swollen supplies and halt a slide in prices.
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TEHRAN, Iran - Iran has produced a few tonnes of the gas needed to enrich uranium, a top nuclear official indicated today, confirming the country has defied international demands and taken a necessary step toward producing nuclear fuel or nuclear weapons
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Oil rebounded above $66 a barrel on   Tuesday, with bargain-hunting traders ending a six-day retreat   after Iran sounded a softer note on its atomic program and OPEC   agreed to keep production steady for now.
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Oil climbed above $61 to a 2007 high on Friday following a sharp drop in fuel stocks in the United States, as tensions over Iran's nuclear program stoked supply concerns.
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Oil eased below $70 a barrel on Friday   on expectations of a long delay before the United Nations   decides on sanctions against Iran, the world's fourth-largest   oil exporter.
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Oil rose to nearly $94 a barrel on Monday, halting a three-day losing streak amid a wider commodities rally, as the dollar's weakness and tensions involving Iran countered worries of a global economic downturn.
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Oil prices edged higher on Wednesday, pushed upwards by technical buying, but struggling to break above the narrow range that has persisted this month.