Oil rebounds above $64 ahead of Iran debate
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Oil edged up above $64 a barrel on  Wednesday as traders cautiously await the debate among members  of the U.N. nuclear watchdog over Iran's atomic work, and on  renewed concerns over disruptions to Nigerian supplies.
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Oil rebounded over $64 on Monday as   dealers stemmed a steep slide in recent weeks and BP announced   that production from its giant Thunder Horse oil platform in   the Gulf of Mexico would be delayed to 2008.
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Oil rebounded above $62 on Monday,   after briefly sliding to a six-month low on abundant supplies   in top consumer the United States and fears that slower U.S.   economic growth would stunt fuel demand.
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Oil rebounded by more than $1 to over   $64 on Monday as buyers emerged after a steep slide and BP   announced that production from its giant Thunder Horse oil   platform in the Gulf of Mexico would be delayed to 2008.
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LONDON, Sept 30  - Oil prices resumed their march towards 50 dollars in New York on Thursday even as peace talks were set to resume in major producer Nigeria and following an unexpected rise in US crude inventories.
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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 rose more than half a  percent 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 exporter.
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Oil rose above $96 a barrel on Monday,  lifted by mounting political instability in Pakistan and  growing tensions between Iran and the United States over  Tehran's nuclear ambitions.
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Oil held above $61 on Tuesday after   rebounding from a six-month low as speculators fear a deepening   fall could prompt OPEC to rein in output.
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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 jumped more than a dollar,  climbing above $48 a barrel on Wednesday after U.S. data showed  the disruption caused by Hurricane Ivan had eaten into fuel  stocks.
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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 bounced back above $70 on  Wednesday after touching a 10-week low the day before, halting  a steep two-day slide as traders looked ahead to an expected  decline in U.S. crude and gasoline stocks and fretted over  Iran.
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Oil dipped back below $64 a barrel on   Wednesday as traders await the debate among members of the U.N.   nuclear watchdog over Iran's atomic work.
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Oil rose to $71 a barrel on Friday, near  a nine-month high, as a strike in Nigeria threatened more of  the country&#39;s output and Iran remained defiant over its nuclear  program.
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Oil prices climbed higher on Thursday as   Iran said it would never abandon its right to nuclear   technology hours before a U.N. watchdog was expected to report   Tehran had defied a deadline to halt atomic work.
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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.