White House Says It's Monitoring Oil Price Climb
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DAYTON, Ohio  - The Bush administration said  Monday it is closely monitoring U.S. crude oil prices, which  traders said could soon top $50 a barrel on worries about  supplies.
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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 prices rose on Wednesday, pushed upwards by technical buying, but struggling to break above the narrow range that has persisted this month.
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NEW YORK - Oil prices continued climbing on Wednesday as supply concerns lingered and a weekly report showed US crude inventories were smaller than expected.
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Oil rose above $61 on Wednesday as   dealers balanced signs that producer group OPEC may take action   to stem tumbling prices against forecasts for a rise in U.S.   winter fuel stocks.
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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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Oil futures prices rose more than $1 a barrel in volatile trading yesterday after a government report showed a sharp rise in US crude supplies and tightening inventories of heating oil.
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Oil rose on Friday on U.S. supply concerns, the slumping dollar and mounting tensions in Pakistan and northern Iraq.
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Retail gasoline prices could go  higher as fuel suppliers pass along a surge in the cost of  crude oil to drivers, the head of the U.S. Energy Information  Administration said Tuesday.
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U.S. oil prices edged higher for the second day in a row on Tuesday amid calls within OPEC to crack down on excess output at this week's meeting.
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Oil prices rallied to a record above $55 a barrel Monday on concerns over a winter fuel supply crunch, and as traders took comments from a top US official to mean high
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WASHINGTON -- Oil prices shot up above $48 US per barrel yesterday after the US government reported that supplies shrank more than expected following production and shipping disruptions caused by hurricane Ivan.
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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.
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Crude oil futures rose yesterday for the first time in a week, climbing above $43 a barrel after an attack at the US consulate in Saudi Arabia and amid growing concerns that OPEC may try to firm-up oil prices after last week's sharp sell-off.
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Oil prices climbed higher on Thursday as   Iran said it would never abandon its right to nuclear   technology hours before a U.N. watchdog was expected to report   Tehran had defied a deadline to halt atomic work.
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Oil prices rose on Thursday,   recovering from a near $4 fall in two days, fueled by signs of   prolonged talks over Iran and an unexpected sharp rise in   already bulging U.S. fuel inventories.
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Business & money: Upbeat White House tries to talk up economy as oil price falls back  from record highs