Oil recovers after 3-day fall
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Oil rebounded above $95 a barrel on Tuesday after falling 3 percent a day earlier as the potential of a recession in top fuel consumer the United States led investors to expect lower demand.
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Oil prices rose modestly on Wednesday, halting a three-day losing streak on profit-taking from record highs near &#36;50 a barrel.
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Crude oil prices fell by more than $3 yesterday after a federal government report showed larger-than-expected heating oil supplies in the US, easing fears of a shortage this winter.
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Oil slid for a third day on Wednesday  but remained in a narrow trading range below $60 a barrel with  little impetus to break out in either direction.
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Oil prices rebounded slightly Thursday as traders took advantage of a drop in prices the day before sparked by a surge in U.S. distillate supplies.
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Oil rose above $91 on Thursday, recovering from losses of more than $3 in the past two days, on concerns of escalating Middle East tensions after Israel carried out a missile test.
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Oil prices steadied on Thursday after  falling three percent the previous day when a surprise increase  in U.S. fuel stocks eased worries about meeting peak winter  demand.
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Oil prices dropped sharply today, extending losses to a third day as a more optimistic Iraq export picture helped partly unwind some supply worries.
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Oil leapt to a record high for a third day on Monday, surpassing $93 as Mexico briefly halted one-fifth of its production and the U.S. dollar struck new lows.
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Oil prices plunged more than $3 a barrel Wednesday -- the largest single-day decline in more than three years -- after the U.S. government reported large increases in the nation's fuel supply, easing fears of a supply crunch as winter approaches.
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Oil prices rebounded Friday but remained below $50 a barrel after declining 4 percent over the past week due to rising US supplies of crude and natural gas.
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Stocks rallied in quiet trading Wednesday as oil prices fell for a third straight day and countered a pair of government reports that gave a mixed picture of the economy.
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Oil prices rebounded from seven-week  lows on Wednesday as U.S. heating fuel stocks fell again ahead  of winter.
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Oil prices bounced back on Friday, ending this week&#39;s 8 percent slide on renewed winter supply fears and jitters ahead of next week&#39;s US presidential election.
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Oil prices inched up from a three-month low on Monday as traders caught their breath after last week&#39;s 14 percent dive and considered a possible output reduction at OPEC&#39;s upcoming meeting.
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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 rose modestly today, halting a three-day losing streak on profit-taking from record highs near $50 a barrel.