Why Oil Prices Aren't Falling
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The troubles of Yukos drive up the price
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Oil is still king on Wall Street -- and if you don't believe it, just take a look at this year's stock market charts.
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Oil prices held steady on Thursday unfazed by a fall in crude supplies in the United States, where stocks are more than 20 million barrels above levels a year ago.
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Oil is now down almost 15% in a week. Isn&#39;t this what people were complaining about two weeks ago when oil was marching toward $50 a barrel?
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Oil prices steadied on Tuesday from  steep recent losses as traders remained wary over lean heating  fuel stocks ahead of the northern winter.
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Oil prices held firm on Friday after  leaping almost $2 a day earlier on news U.S. crude stocks sank  to a five-month low last week and distillate fuels barely grew  ahead of winter.
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NEW YORK - Oil prices steadied on Tuesday, holding Monday&#39;s losses as forecasts for a swift end to this week&#39;s US cold snap eased worries over thin fuel stocks in the world&#39;s biggest energy consumer.
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World oil prices stood firm on Thursday,  holding onto near-$2 per barrel gains made the previous session  when U.S. inventory data showed commercial crude stocks falling  to their lowest in five months.
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Crude stays above $45, $8 higher than at end of June, but analysts doubt prices will near $50 again. LONDON  - Oil prices rose modestly Wednesday as traders took stock after a three-day losing streak from record highs near $50 a barrel.
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The price of oil slid toward $42 a barrel yesterday despite confusion about the status of Iraqi exports, indicating the market has become less worried about the global balance of supply and demand.
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CARACAS, Venezuela  - Venezuelan President Hugo Chavez said on Tuesday the price of oil should not fall below $60 a barrel, two days after the OPEC country cut its production to stem price declines.
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Oil prices held firm on Friday after  leaping almost $2 a day earlier as the U.S. government said  crude stocks sank for the sixth straight week and distillate  fuels barely grew ahead of winter.
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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 have stepped back from this week&#39;s eight percent rout, holding well above $50 a barrel as analysts say it will take more than China&#39;s mild interest rate rise
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Oil prices held strong on Friday not far below the $55-a-barrel mark as traders worried time is running out to top up low heating oil inventories before winter.
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If the global economy slows, oil prices will fall. But probably not until after March.
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The price of heating oil isn't falling as fast as the price of gasoline, but it's starting to drop.