Oil bounces higher amid fears of supply disruption
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Oil prices bounced higher on Friday following two days of sharp declines that came on the heels of rising inventories of crude in the US and a move by China to cool its economy.
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LONDON  - World oil prices climbed on Monday as companies operating in the U.S. Gulf of Mexico braced for output disruptions from powerful Hurricane Ivan.
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Oil prices ticked higher on Tuesday  after dropping 1 percent a day earlier as traders were torn  between supply anxieties in Nigeria and the looming end of  winter oil demand in top consumer the United States.
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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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Oil rebounded above $62 on Monday,   after briefly sliding to a six-month low, on abundant supplies   in top consumer the United States and fears that slower U.S.   economic growth would stunt fuel demand.
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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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Crude futures bounced higher Tuesday following a six per cent drop the day before as forecasts for warmer weather in the US eased worries about tight supplies of winter fuel.
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Oil prices jumped from a four-month low on Wednesday as slow growth in US heating fuel inventories heightened fears for tight winter supplies.
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Oil rose nearly $1 on Monday to match  its highest in almost a month, extending last week's late gains  as Venezuela threatened to halt oil exports to the United  States and bomb alerts shut down one of Britain's largest gas  fields.
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World oil prices rose on Friday on  worries that the ongoing storm season in the U.S. Gulf would  continue to hamper energy production and imports, delaying  vital pre-winter stock building.
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Oil prices bounced higher yesterday following two days of sharp declines that came on the heels of rising inventories of crude in the United States and a move by China to cool its economy.
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Oil  breaches the $81 a barrel mark on worries about rising demand amid constrained supply.
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World oil prices rose on Friday,  boosted by production stoppages due to a severe hurricane in  the Gulf of Mexico and worries that another storm might further  delay imports into the United States.
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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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Oil prices bounced higher Friday following two days of sharp declines that came on the heels of rising inventories of crude in the United States and a move by China to cool its economy.
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Oil prices jumped from a four-month low  on Wednesday as slow growth in U.S. heating fuel inventories  heightened fears for tight winter supplies.
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Oil prices soared Friday as worries about heating fuel supplies and technical trading factors pushed prices sharply higher.