Oil below $60 as supply grows, economy worries
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Oil dropped under $60 to a six-month low   on Monday as abundant supplies in top consumer the United   States and fears that slower U.S. economic growth would stunt   demand for fuel extended a price retreat.
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Oil prices edged lower on Wednesday,  keeping within sight of $50 a barrel on supply worries in the  United States, where weekly data is expected to show a draw in  distillate inventories.
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Crude oil prices dropped below $60 a barrel for the first time in six months on Monday before rebounding a bit.
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Oil fell below $60 on Friday, reversing course from the previous day as traders weighed OPEC's plans to cut production by 1 million barrels per day (bpd) against overflowing stockpiles.
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Oil prices fell on Thursday, resuming a three-week downturn as rising world crude supplies replenish consumer inventories. US light crude futures were down 69 cents at $46.15 a barrel, erasing Wednesday&#39;s 73 cent advance.
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Oil eased near $60 on Wednesday  following big gains the previous day spurred by disruption of  Alaskan crude exports and ahead of U.S. government data  expected to show declining stocks of heating and transport  fuels.
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Oil prices dip below $62 a barrel amid mixed signals over the possibility of further production cuts.
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Oil prices fell on Monday to a seven-week low just under $47 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch despite a cold snap in North America at the weekend.
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Oil tumbled $2 on Tuesday to below $60 a barrel, sinking to the lowest level since February and prompting OPEC's president to call on the exporter group to deepen supply cuts.
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Oil prices fell on Monday to a 7-week low under $47 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch despite a cold snap in North America at the weekend.
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Oil steadied near $60 on Friday as investors were cautious on OPEC's resolve to carry out a planned supply cut and fuel inventories swelled in top consumer the United States.
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Oil slid for a third day on Wednesday but remained in a narrow trading range below $60 a barrel with little impetus to break out in either direction.
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Oil rose towards $60 a barrel on Friday in trade muted by the long U.S. Thanksgiving holiday weekend, after tumbling on a rise in stockpiles in the world's top oil consumer.
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SINGAPORE/LONDON  - Oil fell toward $60 a barrel on Tuesday, extending Monday's steep drop on forecasts of a further increase in fuel inventories in top oil consumer the United States.
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Oil prices drifted below $47 a barrel  early on Wednesday, well off recent peaks as traders braced for  another increase in U.S. crude oil inventories.
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Oil steadied at below $69 a barrel on   Wednesday, hovering near its lowest in three and a half months   as dealers feared oil stocks may quickly build up now that the   northern hemisphere summer season has ended.
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Oil held below $60 on Thursday, paring some gains after leaping more than 1 percent on a newspaper report that OPEC members had agreed informally on the need to slash daily output by at least 1 million barrels.