Oil Rebounds After Iraq Pipeline Attack
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Oil prices rose on Friday as a sabotage attack on Iraqi oil infrastructure reignited concern about the reliability of crude exports from the country despite a peace deal to end an uprising in Najaf.
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Oil prices eased again on Tuesday with  the re-opening of two Iraqi pipelines, helping lift shares but  leaving most financial markets trading in narrow ranges after  sharp reactions in previous sessions.
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Oil rebounded on Tuesday after  falling nearly 3 percent a day earlier, as the specter of a  recession in the United States haunted traders who fear it will  diminish oil demand from the world's biggest consumer.
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Oil prices climbed nearly a dollar on  Monday, moving above $46 a barrel on escalating sabotage at  Iraqi oil facilities and the risk that a U.S. cold spell would  strain thin winter fuel supplies.
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U.S. oil prices rose on Monday as Iraq's oil exports continued at more than 30 percent below normal after sabotage attacks on pipelines.
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CRUDE futures traded near $44 a barrel in pre-holiday trade as another pipeline attack in Iraq followed news that authorities in Moscow effectively re-nationalised the main production unit of Yukos.
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Oil ended a slide on Monday, firming  up as cold weather in the U.S. Northeast promised higher fuel  demand and sabotage in Iraq once again disrupted the country's  exports.
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Crude oil prices rebounded Friday after declining over the past week as traders worried about supply disruptions in Iraq and Nigeria.
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Oil prices rebounded from a seven-month low yesterday as violence in Nigeria stoked supply concerns.
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Crude oil futures rallied back above $53 a barrel Wednesday after a pipeline explosion in Mexico heightened supply concerns. Traders were also nervously monitoring developments in Nigeria, where
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US oil prices rose slightly on Monday as Iraq&#39;s oil exports continued at more than 30 percent below normal after sabotage attacks on pipelines.
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Oil prices rose on Wednesday, stemming an eight-session slide that has dragged prices down 14 percent from record highs as news emerged of a fresh pipeline fire in Iraq.
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Oil prices climbed nearly a dollar on Monday, moving above &#36;46 a barrel on escalating sabotage at Iraqi oil facilities and the risk that a U.S. cold spell would strain thin winter fuel supplies.
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Oil rebounded to $58 a barrel on Thursday after its repeated failure to breach $60 triggered a two-percent sell-off the previous day.
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Oil rises back above $91 a barrel after weekly US crude stockpiles fall much more sharply than expected.
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Oil prices edged higher on Thursday from a heavy drop the day before as renewed violence and sabotage attacks in Iraq revived fears over supply disruptions.
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Oil prices rose on Friday, stemming five  days of heavy losses as fresh sabotage attacks on Iraqi oil  infrastructure despite a peace deal in Najaf renewed concern  over the country's supplies.