Oil prices hold as US stocks rise
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Oil prices have showed little reaction to official data recording the first rise in US crude stocks in 10 weeks. The Energy Information Administration said stocks are 14% below the levels of November last
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Oil prices have risen for the fifth day in a row amid continuing concerns over the level of US stocks. The surge helped spark a 1.3% fall on Wall Street as investors worried it could lead to a fall in consumer spending and hit corporate profits.
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Stocks were little changed on Wednesday as rising crude oil prices lifted energy shares, including Exxon Mobil Corp. , but lingering economic worries kept investors cautious.
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US stocks extended their gains on Tuesday as oil prices slipped, easing concerns that energy costs would hurt corporate profits and helped raise hopes for improvement in the economy.
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NEW YORK - Oil prices climbed close to $51 per barrel and kept stocks mixed Tuesday as investors worried that rising energy costs would dampen a widely expected fourth quarter rally.    Wall Street was uneasy but not panicky as a barrel of light crude was quoted at a record high $50.85, up 94 cents, on the New York Mercantile Exchange...
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Markets off their highs, but remain in positive territory, amid steep drop in oil prices. NEW YORK (CNN/Money) - Stocks clung to modest gains Monday as a steep drop in oil prices didn&#39;t translate to big gains for the major indexes.
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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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US oil prices held above $46 a barrel on Tuesday on worries of a major supply disruption at a time when producers are pumping at full tilt to meet strong demand.
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NEW YORK - Oil prices climbed close to $51 per barrel and kept stocks mixed Tuesday as investors worried that rising energy costs would dampen a widely expected fourth quarter rally.    Wall Street was uneasy but not panicky as a barrel of light crude was quoted at a record high $50.80, up 89 cents, on the New York Mercantile Exchange...
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LONDON  - Oil prices pushed higher, extending sharp gains seen late last week as cold weather forecasts for the United States and Europe rattled markets nervous about tight winter supplies.
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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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LONDON : Oil prices rose slightly a day after renewed concerns over heating oil stocks in the United States brought a halt, even if temporary, to a sharp slide in prices in recent weeks.
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Oil prices held firm on Friday after  leaping almost $2 a day earlier as the U.S. government said  crude stocks sank for the sixth straight week and distillate  fuels barely grew ahead of winter.
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In NEW YORK, US stocks advanced on Wednesday as record crude oil prices above $52 a barrel boosted energy stocks like Exxon Mobil Corp.
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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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U.S. stocks looked to open slightly  higher on Tuesday, despite oil prices above $50 a barrel, as  the market readies to extend its streak of gains in four of the  last five sessions.
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US oil prices are holding above $54 a barrel in electronic trade in Asia Thursday after a larger-than-expected decline in heating fuels in the United States heightened fears of a winter supply crunch.