Oil prices hold above $54
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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.
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Oil steadied above $62 on Friday as   burgeoning U.S. inventories and slower-than-expected economic   growth balanced possible action from some OPEC producers to   trim output to halt the decline in prices.
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Oil prices rebounded to &#36;54 a barrel on Thursday ahead of U.S. inventory data expected to show tight heating fuel stocks ahead of winter.
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Oil prices stayed on the boil above &#36;53 a barrel on Monday, bolstered by persistent anxiety over OPEC member Nigeria and the nearly month-long loss of a quarter of U.S. Gulf of Mexico production, traders said.
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Oil prices held firm above &#36;55 a barrel on Wednesday as traders braced for the start of the northern winter with thin heating oil supplies.
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Oil prices held steady above $53 a barrel  on Wednesday as worries over a winter supply crunch countered  expectations that high fuel costs would curb growth in  petroleum demand next year.
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Crude oil futures steadied at under $46 a barrel Thursday, after healthy US inventory data eased fears about a supply crunch over the Northern Hemisphere winter.
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Oil prices held strong on Friday not far below the &#36;55-a-barrel mark as traders worried time is running out to top up low heating oil inventories before winter.
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Oil prices surged to record highs above  $54 on Tuesday as a fire at Nigerian export pipeline became the  latest threat to consumers' efforts to build winter heating  fuel inventories.
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Oil prices held steady near &#36;47 on Wednesday, a day after striking another record peak as U.S. inflation stayed in check despite scorching energy costs and ahead of weekly data expected to show a drop in crude stocks.
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U.S. oil prices held above &#36;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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Oil prices held above $46 a barrel on  Monday, supported by a blast of freezing weather in the United  States and renewed threats by Muslim militants to attack oil  facilities in the major exporting Middle East region.
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Oil prices flew back above $54 a barrel on Wednesday as a fresh fall in US heating oil stocks stoked worries over winter supplies.
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Global crude oil prices, which shot up to record highs on Monday, continued to rule at the same level of close to $54 a barrel. Following the nationwide strike that began in Nigeria to protest against high
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Oil prices were little changed on  Thursday, holding above $43 a barrel despite latest data  showing rising stocks of winter heating fuels in the United  States as mild weather suppressed demand.
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Oil prices held steady above &#36;53 a barrel on Wednesday as worries over a winter supply crunch countered expectations that high fuel costs would curb growth in petroleum demand next year.
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Crude hovers around $46 a barrel amid demand from most populous country, damage reports from Ivan. LONDON  - Oil prices held above $46 a barrel Tuesday as China showed no letup in its strong demand