Oil slips, but still trades above $49
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Light crude dips but remains less than a dollar shy of an all-time high reached earlier this week. LONDON  - Oil prices remained just below record highs on Friday amid concern over possible conflict
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U.S. oil prices hovered just below  $50 a barrel on Tuesday, holding recent gains on a rash of  crude supply outages and fears over thin heating oil tanks.
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U.S. oil prices were slightly softer on Monday after a four-day break, but the threat of a cold winter stretching persistently low global heating oil inventories kept the market within sight of &#36;50 a barrel.
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Oil prices eased again early on  Wednesday, hovering around $46 a barrel ahead of weekly U.S.  data expected to show fuel stocks rising in time for winter.
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Oil prices eased to $45 a barrel on  Tuesday, extending a profit-taking set-back despite a looming  cold spell in the eastern United States and global supply  outages.
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Oil prices slipped further from  record highs on Wednesday as traders locked in profits after  the market's $10 surge since mid-August.
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Oil prices traded below $42 a barrel Wednesday following a U.S. government report that commercially available supplies of crude oil and distillates, which include heating oil, shrank last week.
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Oil prices were little changed on Thursday, holding above &#36;43 a barrel despite latest data showing rising stocks of winter heating fuels in the United States as mild weather suppressed demand.
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Crude oil prices neared 49 dollars per barrel Friday as Gulf of Mexico crude production rebounded at a slower pace than analysts had expected.
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Oil eased further below $64 on Tuesday   due to healthy U.S. fuel stocks, but a fresh delay to BP's   giant Thunder Horse oilfield in the Gulf of Mexico limited the   decline.
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U.S. oil prices hovered near &#36;47 a barrel on Wednesday, awaiting data that was expected to show a big drop in fuel stocks in the United States due to weather-related disruptions to output and shipments.
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Oil prices dipped below $46 on Tuesday, making a third day of falls as a more optimistic Iraq export picture unwound some of the supply worries that have lifted the market to historic levels.
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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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U.S. oil prices were steady on Thursday, holding gains of nearly &#36;2 from a day earlier after a U.S. government report showed crude oil stocks falling to their lowest level in five months.
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Oil prices drifted around &#36;47 a barrel early on Wednesday, well off recent peaks as traders braced for another increase in U.S. crude oil inventories.
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Crude oil prices pushed above $49 a barrel on Monday, reflecting concerns about supply in key producers and Hurricane Ivan&#39;s impact on oil rigs in the Gulf of Mexico.
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Oil steadied at below $69 a barrel on   Wednesday, hovering near its lowest in three and a half months   as dealers feared oil stocks may quickly build up now that the   northern hemisphere summer season has ended.