Crude oil prices rise despite sharp increase in oil supplies
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Crude oil prices rose Wednesday even as the government report showed a sharp increase in US inventories of crude oil. On the New York Mercantile Exchange, crude futures for
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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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Crude oil futures rose above 55 dollars a barrel Friday as concerns about the global supply of heating oil persisted ahead of winter in the Northern Hemisphere.
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Crude oil surpassed $50 a barrel for the first time and analysts said Tuesday that prices could keep rising because of a sharp rise in global demand, tight supplies and threats to output in petroleum-producing nations such as Iraq and Nigeria.    Homeowners and energy-intensive industries could feel the sting from high oil prices worsen as seasonal demand picks up this winter, and there is already evidence that the supply disruptions caused by Hurricane Ivan are making it more costly to drive...
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-- Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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World oil prices rose on Thursday as  concerns over a supply shortage after Hurricane Ivan persisted  despite news the U.S. will loan some oil from its reserves to  refineries to make up for lost production.
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The price of crude oil surged past an unprecedented $55 per barrel Monday amid continued uncertainty over production, high demand and tight supply globally.
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U.S. crude oil supplies rose more than   expected last week as imports surged to their second highest on   record, the federal government said on Wednesday.
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Oil prices rise again as traders weigh up supply issues and the geopolitical tensions building in the Middle East.
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Crude oil climbed back over $50 a barrel on Thursday, with worries over the security of Nigerian supplies supporting prices despite a surprise increase in U.S. crude inventories.
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Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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Washington: Oil futures prices bolted 5 per cent higher, climbing above $44 a barrel after US government data showed a slight decline in crude and heating oil supplies as colder weather in the Northeast drove up fuel demand.
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NEW YORK -- Crude oil futures briefly climbed back over $50 a barrel yesterday, with worries over the security of Nigerian supplies supporting prices despite a surprise increase in US crude inventories.
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Crude oil prices were up $1.72 at $45.90 per barrel in afternoon trading on the New York Mercantile Exchange. Heating oil futures rose by 7.08 cents on Friday to $1.452 per gallon.
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SINGAPORE - The price of crude oil surged past an unprecedented $55 per barrel Monday amid continued uncertainty over production, high demand and tight supply globally.    The price of crude for November delivery on the New York Mercantile Exchange reached $55.02 per barrel mid-morning in Asia, up 9 cents from its settlement price on Friday...
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Oil prices rose Monday morning, climbing toward $46 per barrel, after reports that embattled Russian oil giant Yukos suspended some oil exports to China and as traders expect further declines in the US petroleum supply due to production, refining and
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Oil prices added to strong gains on  Thursday, spurred by persistent OPEC talk of a cut in supplies  that could drain healthy U.S. stockpiles before summer.