Oil prices ease overnight from NY spike
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Crude oil prices have overnight shed 28c of the USD1.28 spike seen in New York last night. The sudden rise came on news of twin car bomb attacks in Saudi Arabia, pushing prices up to USD 43.64 at the New York close.
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LONDON  - Oil prices continued their retreat, dipping below 50 dollars in New York as Americans voted in a presidential election expected to send ripples through oil markets.
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NYMEX crude oil futures were down  slightly at just under $46 a barrel on Tuesday but traders said  prices were likely to resume their rise later in the week if  U.S. inventories fall as expected.
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Oil prices eased on Monday as speculative funds continued to take profits but a tight global supply picture stopped the selling from gaining much momentum.
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Oil prices eased back below $59 a barrel as investors focused on U.S. fuel data due later on Wednesday that is expected to show a rise in gasoline stocks in the world's top consumer.
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US crude prices fall back from Thursday's $53-a-barrel high overnight in Asia, but concerns over tight supplies persist.
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Oil prices fell below $48 a barrel as tensions between US forces and rebel fighters in Iraq eased, raising hopes that attacks against the country&#39;s oil infrastructure would subside. US light crude for September delivery settled at $47.86 on the New York ...
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Oil prices dipped on Thursday, after leaping to a lifetime high of $100 the day before, fuelled by expectations of thinning U.S. stockpiles, the falling dollar and geopolitical risks.
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Oil prices eased to &#36;45 a barrel on Tuesday, extending a profit-taking set-back despite a looming cold spell in the eastern United States and global supply outages.
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Oil prices eased on Wednesday, as gasoline inventories in the United States were expected to rise for the sixth week to soothe fuel supply concerns, though forecasts for strong demand limited losses.
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The dollar edged up on Tuesday as weaker  oil prices helped it to recover losses made on data showing  overseas demand for U.S. assets may have stalled. U.S. light  crude traded around $53.21, easing from a fresh record high of  $55.33 hit in New York and helping to keep the dollar away from  near eight-month lows hit overnight.
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Wall Street ended on a positive note overnight, brushing off fresh oil price spikes and disappointing economic news, including a surprise drop in consumer sentiment last month.
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NEW YORK - U.S. stocks are seen in a quiet mood at the open Thursday as investors come to terms with a pullback in the price of Nymex crude oil futures...
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Oil eased on Thursday after crude stocks piled up in top consumer the United States and weighed heavy on amply-supplied markets.
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Oil prices slipped on Thursday after a  bigger-than-expected rise in U.S. fuel inventories soothed  worries of a winter squeeze.
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Oil prices eased again early on  Wednesday, hovering around $46 a barrel ahead of weekly U.S.  data expected to show fuel stocks rising in time for winter.
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Oil prices eased on Monday as top world  exporter Saudi Arabia slashed prices for its westbound crude  sales in an effort to shift the large volumes it is offering to  cool world markets.