Oil Sinks on Iraq, Gold Closes Steady
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Oil prices continued to sink on Thursday as supply worries eased further on hopes that a tentative peace deal with Iraqi Shi&#39;ite fighters will decrease the threat of disruption to the country&#39;s revived oil exports.
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NEW YORK - Oil prices made an about face Friday, falling below $48 a barrel, as tensions between U.S. forces and rebel fighters in Iraq eased, raising hopes that attacks against the country's oil infrastructure would subside...
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U.S. oil prices slid below $46 on  Tuesday, marking the third successive session of falls as Iraqi  exports returned to near normal, although supply uncertainties  kept the market close to historic levels.
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Oil futures fell yesterday after Iraq, the sixth-largest supplier to the United States, boosted shipments to tankers to normal rates for the first time in two weeks.
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World oil prices fell again on Tuesday  as Iraq restored oil exports and hedge funds continued the rush  to take profits from record highs.
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Oil and metals prices fell on Monday,  extending recent losses and weighing on the shares of energy  firms and currencies of commodity exporters such as Australia  and South Africa.
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U.S. handling of Iraq's oil  money after the defeat of Saddam Hussein was marked by  weaknesses including problems tracking oil production and cash,  a watchdog told the U.N. Security Council on Friday, diplomats  said.
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World oil prices fell Monday on easing supply fears, as crude exports from Iraq&#39;s southern pipelines resumed close to normal levels, analysts said.
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Oil prices fell for the fifth day in a  row on Thursday after word of a peace deal in the embattled  Iraqi city of Najaf raised hopes of more reliable oil shipments  from the energy-rich country and encouraged a run of  profit-taking by big money speculators.
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Gold steadied in quiet trade on Thursday and looked at the dollar and oil for direction, but platinum gained after tumbling this week from record highs.
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Oil prices held just below the $47 mark  on Monday as Iraq resumed exports from both its northern and  southern outlets after lengthy disruption, despite fierce  fighting in the holy city of Najaf.
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World oil prices fell sharply again on  Tuesday as Iraq restored oil exports and hedge funds continued  the rush to take profits from record highs.
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Oil held steady on Monday after   tumbling below $70 as dealers expected several weeks of   inaction on Iran's nuclear dispute with the West.
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LONDON : Oil prices declined in opening deals as supply fears receded after Iraq resumed oil exports through its southern pipelines and speculative activity dwindled, analysts said.
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Oil prices held steady on Tuesday after falling 2 percent a day earlier and were set for further falls in anticipation of higher US crude stocks despite concerns over disruptions to Iraqi oil flow.
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Oil prices stopped a five-day slide on Friday on renewed supply concerns after fresh Iraqi pipeline attacks outweighed an end to a three-week uprising in the city of Najaf.
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London oil prices fell briefly through $40 on Thursday for the first time in three weeks, extending four sessions of heavy losses made as renewed exports from Iraq and higher-than-expected US gasoline inventories encouraged big-money