Oil Steady After Jump Higher
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Oil prices held strong Friday after a &#36;2, five percent surge higher as OPEC ministers weighed the timing of a possible further output cut for the spring.
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Stocks drifted higher yesterday, brushing aside another record high for oil prices amid hopes the impending tide of third-quarter profit reports will override worries about a struggling economic recovery.
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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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Oil prices held steady on Tuesday after falling 2 percent a day earlier and were set for further falls in anticipation of higher US crude stocks despite concerns over disruptions to Iraqi oil flow.
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Oil prices held firm on Friday after  leaping almost $2 a day earlier on news U.S. crude stocks sank  to a five-month low last week and distillate fuels barely grew  ahead of winter.
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Oil was steady at $96 a barrel on Monday, heading for its biggest annual gain this decade as growing geopolitical concerns and dwindling consumer nation stockpiles outweighed the risk of a softening U.S. economy.
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Oil prices bounced higher Friday following two days of sharp declines, but traders said they expect prices to move lower again by early next week in anticipation of the Energy Department's next petroleum supply report.
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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.
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Another jump in oil prices pre-empted a strong rally on Wall Street Tuesday, though stocks managed to post modest gains.
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US stocks drifted higher today, brushing aside another record high for oil prices amid hopes the impending tide of third-quarter profit reports will override worries about a struggling economic recovery.
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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 futures steadied Thursday after a jump that reflected a drop in US crude and heating oil stocks amid rising demand fueled by cold weather spreading across the US Northeast and Midwest.
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Oil prices held steady on Tuesday  after falling 2 percent a day earlier and were set for further  falls in anticipation of higher U.S. crude stocks despite  concerns over disruptions to Iraqi oil flow.
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Oil prices held steady Thursday, with worries over the security of Nigerian supplies lending support despite an unexpected expansion in US crude inventories.
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U.S. oil prices were steady on  Thursday, holding gains of nearly $2 from a day earlier after a  U.S. government report showed crude oil stocks falling to their  lowest level in five months.
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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 extended gains above $71 on Friday,   buoyed by healthy U.S. economic growth that suggest recent   record-high prices may not hit robust demand for oil.