Oil Edges Up to &#36;42 Ahead of Stock Data
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Oil prices edged higher for the second day on Wednesday, recovering from a week-long &#36;5 slump ahead of U.S. inventory data expected to show a slight draw in distillates, which include winter heating fuel.
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Stock futures rose  on Wednesday,  pointing to a higher market open, before a slew of U.S.  economic data, as oil prices dipped lower ahead of weekly  inventory figures.
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Oil prices ticked higher on Tuesday, holding above &#36;42 a barrel as dealers awaited signs of any renewed cold snap that would revive demand for winter heating fuels in the United States.
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Crude stays above $45, $8 higher than at end of June, but analysts doubt prices will near $50 again. LONDON  - Oil prices rose modestly Wednesday as traders took stock after a three-day losing streak from record highs near $50 a barrel.
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Oil prices edged higher for the second day on Wednesday ahead of US government data expected to show a slight decline in winter heating fuel stocks.
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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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Oil prices held firm just above &#36;47 a barrel on Friday, bolstered by a tightening outlook for market fundamentals and sliding U.S. temperatures.
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Oil prices edged upward Wednesday in anticipation of a report showing declines in U.S. crude and gasoline supplies.
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U.S. stocks were higher on Wednesday  even as crude oil prices touched a record at over $52 per  barrel, which helped boost energy shares.
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Crude oil futures edged up toward $50 a barrel today amid renewed fears over winter supplies. Light sweet crude for delivery in January traded at $49.49 a barrel at midday in Europe, up 60 cents from the contract&#39;s
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U.S. stock futures edged higher on   Wednesday, with data on durable goods and new home sales on tap   and the Dow Jones industrial average poised to break above its   all-time high.
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Oil prices steadied above &#36;48 a barrel on Wednesday as a cold snap in the U.S. Northeast overshadowed an expected build in crude and product inventories.
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Oil prices edged higher for the second  day on Wednesday ahead of U.S. government data expected to show  a slight decline in winter heating fuel stocks.
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Oil prices climbed toward &#36;47 a barrel on Thursday after bullish fuel stocks data in the United States and a series of production hitches across the globe rekindled worries of a major supply disruption.
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U.S. stock futures pointed to a  higher market open on Wednesday, with oil dipping below $49 a  barrel and a batch of economic data on tap.
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Oil prices swung higher last night, edging closer to record highs hit earlier this week, as traders remained cautious about the situation in Nigeria and US supplies ahead of the heating oil season.
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Oil lingered above the $50 per barrel threshold in Asian trade Wednesday, breaching the mark for the second straight day ahead of key US crude stockpile data.