Oil Steady at Close of Record Year
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Oil held steady Friday, in a quiet end  to a tumultuous year in which crude prices set the highest  yearly average on record.
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Oil prices held firm near $47 a barrel  on Friday, bolstered by a tightening outlook for market  fundamentals and sliding U.S. temperatures.
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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 prices held firm on Wednesday as  Hurricane Ivan closed off crude output and shut refineries in  the Gulf of Mexico, while OPEC's Gulf producers tried to  reassure traders by recommending an output hike.
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Oil prices held steady near &#36;47 on Wednesday, a day after striking another record peak as U.S. inflation stayed in check despite scorching energy costs and ahead of weekly data expected to show a drop in crude stocks.
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Oil prices held firm above $47 a  barrel as worries about a possible cut to OPEC production  curbed fears of a slowdown in second-quarter demand.
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Oil was steady on Thursday, hovering  nearly $2 shy of its record high of $89 a barrel as one OPEC  minister raised the prospect of another output increase and  U.S. data showed rising inventories and weak demand.
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LONDON - Oil prices held strong above $53 a barrel today as worries over a winter supply crunch countered expectations that high fuel costs would curb growth in petroleum demand next year.
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By Toby Reynolds LONDON  - Oil prices held firm on Tuesday as China showed no let-up in its strong import growth and U.S. Gulf producers reported damage to offshore rigs from Hurricane Ivan.
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Oil prices were steady on Thursday  after shedding gains made earlier in the week following a  massive build in crude stocks in the United States.
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Oil prices were steady on Thursday as  concern over lean heating fuel supplies in the United States  and Europe ahead of winter stemmed falls of nearly $10 since  late October.
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Oil prices held steady near $47 a barrel  on Wednesday a day after setting yet another record when the  United States, the world's biggest oil consumer, said inflation  had stayed in check despite rising energy costs.
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Oil was steady on Tuesday after new supply disruptions in Nigeria and renewed geopolitical concerns about Iran rekindled supply worries, offsetting growing talk of a U.S. recession that would hurt oil demand.
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Oil held firm above $96 a barrel on Monday, heading for its biggest annual gain this decade as growing geopolitical concerns and dwindling consumer nation stockpiles outweighed the risk of a softening U.S. economy.
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Oil prices held firm just above &#36;47 a barrel on Friday, bolstered by a tightening outlook for market fundamentals and sliding U.S. temperatures.
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Oil prices held steady on Thursday as  concern over lean heating fuel supplies in the United States  and Europe ahead of winter stemmed falls of nearly $10 since  late October.
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Oil steadied near $63 a barrel on   Thursday, holding onto the previous day's gains supported by   investment fund buying and speculation that OPEC could trim   output to bolster prices.