Crude oil may rise on supply threats
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Crude oil futures in New York, after passing US$49 a barrel, may rise further next week on increasing concern that shipments will be curtailed just as demand accelerates, a Bloomberg survey of traders and analysts showed.
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Crude oil futures rose Friday as markets remained wary about a possible strike by oil workers in Nigeria and potentially low heating oil supplies at the beginning of the Northern Hemisphere winter.
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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 futures rose Friday on fears of a possible terrorist attack before Tuesday&#39;s US election, but the market&#39;s recent downturn may continue next week.
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Crude oil prices pushed above $49 a barrel on Monday, reflecting concerns about supply in key producers and Hurricane Ivan&#39;s impact on oil rigs in the Gulf of Mexico.
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Crude oil prices rose Wednesday ahead of US petroleum inventory data and an OPEC meeting this week at which the group could decide on a production cut.
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Crude oil futures rose amid speculation that US inventories of heating oil, diesel and gasoline will continue to fall as demand exceeds refinery output.
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Oil prices climbed more than $2 higher  on Friday on renewed concern over  supplies of distillate fuels  in all main consuming centers before the Northern Hemisphere  winter.
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Crude oil futures rose on concern Hurricane Ivan may disrupt production, refining and the arrival of shipments as it moves into the Gulf of Mexico, where a quarter of US oil and natural gas is pumped.
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Crude oil futures jumped above 51 dollars a barrel Tuesday amid concern that hurricane damage to production in the Gulf of Mexico would keep supplies from rising enough to meet winter needs.
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Crude oil futures rose yesterday ahead of an extended weekend for traders, even though weekly government data showed rising domestic inventories of crude and distillate fuel, which includes heating oil.
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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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Oil prices rose a dollar on Friday as  worries a cold spell in the United States could erode already  depleted winter fuel inventories spurred the market higher.
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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 futures continued higher Monday, rising more than 1 percent amid ongoing nervousness in the energy pits. Free! Sign up here to receive our Internet Daily e-Newsletter!
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Crude oil prices surged to a new high Monday on supply concerns ahead of the coming winter, a possible petroleum-industry strike in Norway and data showing that China&#39;s big demand for oil is likely to increase.
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Crude oil may rise from a record US$53 a barrel over concerns that imports will not make up for a drop in Gulf of Mexico output caused by Hurricane Ivan.