Some Dire Talk From Yukos Lifts Oil Prices
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OSCOW, Sept. 2- World oil prices rose on Thursday after Russia&#39;s largest oil producer, Yukos, said a court ruling &quot;paralyzes&#39;&#39; the company&#39;s operations.
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RUSSIAâS stricken oil industry is facing what some have branded a return to Soviet Union days after gas monopoly Gazprom said it might bid for the production arm of energy giant Yukos.
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Oil prices resume their upward path, lifted by reports of pipeline sabotage in Iraq and fears that Russian firm Yukos may cease production.
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Oil prices Monday scaled back following  last week's sharp gains but found support near $46 for U.S.  crude after Russian oil company YUKOS defaulted on some crude  exports.
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The price of oil rose to a record $47 a barrel in New York on Wednesday on jitters about supplies from Iraq and Russia&#39;s Yukos, before the release of a report that could show a third straight weekly drop in US inventories.
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WASHINGTON -- The price of oil charged to a new high above $47 a barrel yesterday amid nagging concerns about instability in Iraq, the uncertain fate of Russian petroleum giant Yukos, and the world's limited supply cushion.
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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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Oil prices briefly climbed back over $50 on Tuesday, pushed higher by supply outages in the North Sea and fears about low stocks of winter heating fuels.
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Oil prices climbed higher in Asian trade today as fresh concerns over the possibility of energy shortages in the northern hemisphere winter sparked another wave of panic among investors, dealers said.
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The price hit $44.51 per barrel after a Russian court decision to freeze some bank accounts of the Yukos oil company. Without the $2.
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Oil prices briefly climbed back over $50  on Tuesday, pushed higher by supply outages in the North Sea  and fears about low stocks of winter heating fuels.
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A combination of political jitters about the Middle East and supply concerns for winter helped drive the price of crude oil briefly past $88 a barrel in New York yesterday.
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Top Russian oil exporter YUKOS  threatened to escalate its legal battle abroad on Tuesday as  the mystery surrounding the buyer of its core asset began to  lift with newspapers linking it to Russia's No. 4 oil firm,  Surgutneftegaz.
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Yukos'  future is thrown into fresh doubt amid reports that Russia is planning to sell 77% of its key oil production unit for $4bn by the end of November.
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MOSCOW - Yukos shares plumbed new depths on Friday after the state aired plans to sell the crown jewel in Russia&#39;s top oil producer for a fraction of its assumed cost in a move worried Western investors treated as disguised nationalisation.
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Oil prices crept higher on Wednesday   after suddenly resuming their six-week rout a day ago,   undermined by expectations of another rise in already bulging   U.S. winter fuel stocks and more talks over Iran.
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Oil prices nudged higher for a second   day on Monday, struggling to end their steepest slump in more   than a decade amid robust winter fuel stocks and easing   geopolitical and weather risks to oil supplies.