Oil eases after 10-month highs
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Global oil prices fall back from highs of more than $74 a barrel as US stockpiles grow.
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Oil slipped on Wednesday after  surging nearly 5 percent to a record above $100 a barrel a day  ago amid an influx of fresh investor capital into the  commodities sector and concerns that OPEC will not hike output  next month.
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Oil prices held firm around $51 per barrel on Wednesday, hovering near record highs amid the sluggish recovery in US Gulf oil production and an anticipated decline in key winter fuel stocks, dealers said.
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Oil prices eased from new highs on  Friday as dealers pocketed profits from a long record-breaking  run after escalating violence in Iraq took U.S. crude close to  $50 a barrel.
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Oil prices ended lower on Tuesday on  signs that high energy costs are slowing the economic growth  that has fueled this year's sharp increase in world oil  consumption.
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Oil prices hovered above $41 a barrel on Tuesday, pausing after a fall of more than 10 percent in the last five sessions amid rising US stockpiles and warmer-than-expected weather.
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Oil held steady Friday, in a quiet end  to a tumultuous year in which crude prices set the highest  yearly average on record.
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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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OIL prices eased, trimming gains from a US$1 rally the previous day following President George Bushâs US election victory. US light crude eased 19 cents to $50.
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Stocks slipped on Monday as oil climbed toward a 10-month high near $70 a barrel, taking a toll on energy-dependent sectors, while more worrisome data from the housing sector weighed on home builders.
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OIL prices were easing back from their recent record highs yesterday as the cost of a barrel dipped below the $46 mark.
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Oil prices slipped further from  record highs on Wednesday as traders locked in profits after  the market's $10 surge since mid-August.
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Oil prices dropped more than two   dollars Tuesday, resuming the steepest slide in more than a   decade as high inventories eased supply worries ahead of winter   and countered concern over simmering geopolitical tensions.
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High-flying oil prices paused in their  ascent on Thursday as the U.S. government considered whether to  loan out crude from its strategic petroleum reserve after  Hurricane Ivan sliced into supplies.
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Oil prices eased on Tuesday as fears of  supply disruptions receded following a convincing referendum  victory in Venezuela for President Hugo Chavez and after  Russia's YUKOS said it had received a government assurance on  September exports.
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Oil prices eased on Tuesday, as Middle East cyclone fears waned, but concerns over gasoline supply in the United States kept crude above the $70 mark.
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Oil prices steadied on Tuesday after  steep losses as concern faded over potential supply shortfalls  ahead of winter and Nigerian unions called off a strike that  could have disrupted exports.