Crude oil prices fall on optimism about heating oil supplies
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Crude oil prices fell Tuesday as traders expected that an upcoming government report would show rising inventories of heating oil.
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The price of crude oil falls by more than a dollar in New York, as mild weather in northern US states eases demand for heating oil.
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New York crude oil futures fell, extending last week&#39;s 5.1 percent decline, on expectations warmer- than-normal weather in the US will reduce demand on the country&#39;s fuel stockpiles.
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Crude oil, which has declined 12 percent from a record two weeks ago, was little changed after falling yesterday on expectation supplies will be enough to meet demand from US refineries making heating fuel for the winter.
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Oil prices fell yesterday after U S government data showed rising supplies of crude. Natural gas futures declined on the heels of a separate report that showed healthy domestic inventories of the home-heating fuel.
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LONDON  - Oil prices see-sawed, failing to sustain a brief rally on news of a surprise fall in US distillate stockpiles, including heating fuel, and an unexpectedly small increase in crude inventories.
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NEW YORK: Crude futures dropped by more $2 a barrel yesterday as traders anticipated warmer weather later in the week and responded to weekend snowstorms in the Midwest that kept motorists off the road and planes grounded.
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Oil prices fell Thursday after moving close to US$49 a barrel as markets digested news of a rise in crude inventories but lower-than-expected US heating oil stocks.
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Oil prices eased on Monday, tracking a  big sell-off in sky-high heating oil futures as dealers  expected rising production and a stretch of mild U.S. weather  to boost winter stockpiles.
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Oil prices fell on Tuesday as an expected increase in US heating fuel supplies eased concerns over an inventory crunch should this winter&#39;s weather prove colder than normal.
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Crude futures prices fell slightly on Friday, capping off a 5 percent decline from a week ago, as worries about low winter fuel inventories dissipate amid rising oil supplies.
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Crude oil futures continued to plummet Wednesday on the belief that fuel supplies in the United States will be adequate to deal with its coming winter.
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Oil prices slid on Monday on expectations that more mild U.S. weather at the start of the New Year will limit heating oil demand.
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CRUDE oil futures fell yesterday after the American government reported a slight increase in the US inventory of crude. The supply of distillate fuel, which includes heating oil, also increased, following
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NEW YORK -- A decline in the nation's inventory of heating oil catapulted crude futures prices toward $55 a barrel yesterday, providing the latest jolt to a market already rattled by the world's tight supply of oil, strong demand, and the possibility of output problems in several producing nations.
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Crude oil prices fell to the lowest level in four months Tuesday as traders speculated that warm weather and increased refinery output had bolstered US heating-oil supply last week.
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Oil prices traded marginally lower on  Wednesday ahead of key U.S. data, which was expected to show a  rise in heating fuel supplies as mild winter temperatures  suppressed demand in the United States.