Crude climbs ahead of inventory data
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SAN FRANCISCO (AFX) -- Crude-oil futures climbed back toward $54 a barrel, with traders eagerly awaiting weekly petroleum data to find out how the recovery in the Gulf of Mexico has affected US oil and natural-gas inventories.
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Oil rose for a third day on Tuesday,   climbing to around $64 after a fresh delay to BP's giant   Thunder Horse oilfield in the Gulf of Mexico underscored the   difficulty in meeting future demand growth.
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Oil company shares climbed on  Thursday, helped by higher crude prices, while retailers  offered a mixed picture on holiday sales in December.
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Crude-oil futures continued higher Monday, rising more than 1 percent amid ongoing nervousness in the energy pits. Free! Sign up here to receive our Internet Daily e-Newsletter!
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PORTLAND, Maine  - Oil rose to a one-month high above $96 a barrel on Wednesday ahead of a U.S. government report expected to show crude inventories in the world's top consumer fell for a sixth straight week.
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U.S. stocks rose on Wednesday as crude  oil futures fell more than $1 a barrel on bigger-than-expected  increases in heating oil and gasoline inventories.
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Oil futures prices have jumped 5 percent higher, climbing above $44 a barrel in the United States Wednesday after US government data showed a slight decline in crude and heating oil supplies as colder weather in the Northeast drove up
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Oil prices edged upward Wednesday in anticipation of a report showing declines in U.S. crude and gasoline supplies.
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Crude prices rose Wednesday ahead of US petroleum inventory data and an OPEC meeting this week at which the group could decide on a production cut.
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Crude oil climbed back over $50 a  barrel on Thursday, with worries over the security of Nigerian  supplies supporting prices despite a surprise increase in U.S.  crude inventories.
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Crude oil futures rose above $42 a barrel Wednesday after government data showed an increase in US fuel supplies. Traders were also focused on an upcoming OPEC meeting at which the group could
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Crude oil rose slightly on Friday to $47.57 per barrel compared to yesterday fall on expectations for inventories to be lifted. December crude oil was at $47.
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Crude futures for September delivery traded in New York rose today to $49.40 a barrel, up 70 cents.
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Oil prices edged higher for the second day on Wednesday ahead of US government data expected to show a slight decline in winter heating fuel stocks.
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Oil prices edged higher for the  second day on Wednesday, recovering from a week-long $5 slump  ahead of U.S. inventory data expected to show a slight draw in  distillates, which include winter heating fuel.
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LONDON, Oct 26  - Oil prices rose slightly on Tuesday as markets turned their attention to upcoming estimates of US crude inventories amid worries that heating stocks are low ahead of the northern hemisphere winter, traders said.
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Oil prices climbed toward $47 a  barrel on Thursday after bullish fuel stocks data in the United  States and a series of production hitches across the globe  rekindled worries of a major supply disruption.