Oil jumps above $98 on new U.S.-Iran tensions
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Oil rose above $98 a barrel before falling back on Monday as reports of rising tensions in the Middle East outweighed concerns of demand outlook in top consumer United States from a feared economic recession.
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Oil jumped a dollar to above $60 on Thursday after OPEC officials said the producer group will cut output by 1 million barrels per day as soon as possible to prop up prices.
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LONDON/SINGAPORE  - Oil prices edged higher on   Thursday as Iran looked set to defy the United Nations'   deadline for halting nuclear enrichment, raising the risk of   sanctions against the world's fourth-biggest crude exporter.
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Oil rose above $96 a barrel on Monday, heading for its biggest annual gain this decade as dwindling fuel stocks and growing concern over political turmoil offset the impact of a softening U.S. economy.
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-- Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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Oil prices rose for a second day on   Friday, after a brief mid-week dip below $60 a barrel, as   investors bet that a six-week slump driven by rising U.S.   inventories and easing Iran tensions could be coming to an end.
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Oil climbed above $61 to a 2007 high on Friday following a sharp drop in fuel stocks in the United States and as tensions over Iran's nuclear program stoked supply concerns.
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Oil prices rose for a second day on   Friday after a brief mid-week dip below $60 a barrel, as   investors bet a six-week slump driven by rising U.S.   inventories and easing Iran tensions could be coming to an end.
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Oil prices struck another record high on Thursday and remained supported above &#36;47 by a fall in U.S. crude stockpiles and threats by insurgents in Iraq against oil facilities.
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Oil rose to nearly $94 a barrel on Monday, halting a three-day losing streak amid a wider commodities rally, as the dollar's weakness and tensions involving Iran countered worries of a global economic downturn.
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Oil prices rose Monday morning, climbing toward $46 per barrel, after reports that embattled Russian oil giant Yukos suspended some oil exports to China and as traders expect further declines in the US petroleum supply due to production, refining and
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Oil prices climbed to within a dollar  of a new record on Wednesday after the U.S. government reported  a big decline in oil stockpiles because of disruptions from  Hurricane Ivan.
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Oil prices jumped to fresh historic highs on Monday, breaching 93 dollars for the first time on mounting concerns about tight energy supplies worldwide, analysts said.
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Oil steadied above $64 on Thursday as   bargain hunters stepped in after a month-long rout and found   some support in a renewed U.S. push for immediate sanctions on   Iran, the world's fourth biggest crude exporter.
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Oil prices push above $70 a barrel amid fears over US-Iran tensions and low US fuel stockpiles.
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NEW YORK -- Oil prices soared to $100 a barrel Wednesday for the first time ever, reaching that milestone amid an unshakeable view that global demand for oil and petroleum products will continue to outstrip supplies.
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Oil prices surpassed $100 a barrel for the first time after a U.S. government report showed a steep slide in crude inventories.