Oil Climbing Back Up After Supply Report
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Oil prices rebounded from seven-week  lows on Wednesday as U.S. heating oil stocks fell for an eighth  straight week ahead of winter.
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Oil prices surged to a new high above  $47 a barrel Wednesday on evidence from major economies that  energy costs are not substantially slowing the economic growth  that fuels oil demand.
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Oil prices rose on Tuesday on cheery  economic data showing that inflationary pressure was held in  check in July and ahead of weekly inventory due out on  Wednesday forecast to show a draw in crude stocks
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Oil prices blasted higher yesterday, surging above $44 a barrel after government data showed a slight decline in crude and heating oil supplies as a Northeast cold snap drove up fuel demand.
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Oil turned higher again on Tuesday after retreating from record highs in response to concerns about the U.S. economy and further indications OPEC has already substantially raised oil output.
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Oil futures spiked above $70 a barrel yesterday for the first time since Sept. 1 after a government report showed gasoline inventories dropped unexpectedly as the summer driving season neared its peak.
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Crude oil prices surged again Wednesday, rising above $47 a barrel amid lingering concerns in supply from Iraq and Russia.
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Stocks moved higher in a late-session buying surge yesterday, as oil prices stepped back from their highs and investors shrugged off mixed economic data, focusing with renewed optimism on the government&#39;s upcoming jobs report.
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Oil prices extended a bounce from three-week lows on Monday, climbing back above $52 for US crude amid jitters over tight global winter fuel stocks and this week&#39;s US presidential election.
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Stocks turned positive on Wednesday after rising oil prices pushed energy shares higher in light volume.
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Oil prices climbed back above $59 a barrel on Wednesday as a blast of cold weather boosts heating oil demand in the United States and OPEC supply cuts quicken the seasonal fall in crude stocks in industrialised countries.
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Oil prices rise higher after a report shows a bigger drop than expected in US oil stocks, a day before a crucial Opec meeting.
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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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Oil rose above $91 on Thursday, recovering from losses of more than $3 in the past two days, on concerns of escalating Middle East tensions after Israel carried out a missile test.
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Light crude turns higher after report shows a fresh fall in US heating oil and diesel fuel stocks. NEW YORK (CNN/Money) - Oil prices surged back above $54 a barrel on Wednesday as a fresh fall in US heating oil stocks stoked worries over winter supplies.
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GLOBAL oil prices continued to climb yesterday, recovering from a prolonged fall earlier in the day, as the US hinted that it might lend oil from its Strategic Petroleum Reserve to offset a short-term disruption to imports.
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Oil prices moved back towards record highs tonight amid continued concerns over soaring demand and tight supplies.