Oil Slides on U.S. Stockbuild
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Oil prices slid on Thursday after a bigger-than-expected rise in U.S. fuel inventories soothed some worries of a winter squeeze, but the fall was limited by an upcoming OPEC meeting and Iraqi elections.
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World oil prices slid $3 a barrel on  Wednesday, shedding nearly 7 percent, as a larger-than-expected  build in U.S. heating stocks soothed worries about a winter  fuel deficit.
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U.S. stocks were slightly lower on  Thursday, reversing some of Wednesday's sharp rally, as another  slide in oil prices knocked shares of energy-related companies.
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Oil slid below $63 a barrel on Friday   touching its lowest level since March as U.S. fuel stockpiles   grew ahead of winter and investors probed for a price that   would trigger an OPEC supply cut.
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U.S. stocks slid on Friday after oil  hit a record $53.40 a barrel, while surprisingly weak September  jobs data touched off a rally in the bond market.
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Oil eased on Thursday after crude stocks piled up in top consumer the United States and weighed on already well-supplied markets.
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Oil slipped toward $63 on Tuesday as   traders balanced healthy U.S. fuel stocks ahead of winter with   a fresh delay to BP's giant Thunder Horse oilfield in the Gulf   of Mexico.
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Oil fell toward $61 Tuesday on robust   U.S. inventories ahead of the winter heating season, but   producer group OPEC said the price slide from peaks this summer   had gone far enough.
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Stocks slipped on Monday as a pullback in crude oil prices weighed on energy companies, including Exxon Mobil Corp , and as caution before housing data tempered optimism from the latest takeover activity.
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Stocks slipped on Friday as oil prices topped $61 a barrel, raising concerns that the inflation-wary Federal Reserve would be in no rush to cut benchmark interest rates and clouding the outlook for profits.
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Oil fell toward $61 on Tuesday on   robust U.S. inventories ahead of the winter heating season, but   producer group OPEC said the price slide from peaks this summer   had gone far enough.
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Oil fell more than a dollar on Wednesday after U.S. inventory data showed a much bigger than expected rise in crude stockpiles.
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Oil slid to around $58 a barrel on Wednesday, taking losses for the week to more than 7 percent and London Brent crude to its lowest this year, on forecasts of a further rise in bulging U.S. fuel stockpiles.
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Stocks slid on Friday after oil prices  climbed to a record over $53 a barrel and weaker-than-expected  U.S. job growth in September raised concerns about the  economy's strength with less than a month before the  presidential election.
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Oil slid towards $76 on Monday, as traders waited to see if top exporter Saudi Arabia will continue to back steady OPEC supply curbs, after weak U.S. jobs data raised concerns of a recession that could hit demand.
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Oil prices were mixed Wednesday ahead of the release of U.S. government fuel stocks data that were expected to show the country's supplies of crude fell last week.
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Oil prices eased on Monday, tracking a  big sell-off in sky-high heating oil futures as dealers  expected rising production and a stretch of mild U.S. weather  to boost winter stockpiles.