Oil climbed back above $70 a barrel on Wednesday as an industry inventory report showing a larger-than-expected fall in U.S. crude stocks buoyed hopes of a demand recovery and encouraged buying.
Oil prices fell more than 3 percent to $69 a barrel on Tuesday, pressured by a stronger U.S. dollar and as weak consumer confidence data hit equities.
Oil fell to around $70 a barrel on Tuesday, pressured by a stronger U.S. dollar and falling equities after weak U.S. consumer confidence data.
Oil prices gave away early gains on Tuesday, easing toward $71 a barrel ahead of U.S. inventory data expected to show a rise in oil product stocks.
Oil prices rose above $72 a barrel on Tuesday, paring gains after earlier jumping more than 2 percent on unprecedented Asian trading volumes.
Oil rose above $70 a barrel on Monday after Nigeria's main militant group said it attacked a Royal Dutch Shell oil platform, outweighing a fairly bearish report from the International Energy Agency .The Movement for the Emancipation of the Niger Delta said its fighters struck the Shell Forcados platform in the Delta state at about 0230 GMT.There was no immediate independent confirmation but Shel...
Oil rose to $70 a barrel on Monday after Nigeria's main militant group said it attacked a Royal Dutch Shell oil platform, outweighing a fairly bearish report from the International Energy Agency .The Movement for the Emancipation of the Niger Delta said its fighters struck the Shell Forcados platform in the Delta state at about 0230 GMT. [nLT318433There was no immediate independent...
Oil rose toward $70 a barrel on Monday after Nigeria's main militant group said it attacked a Royal Dutch Shell oil platform, outweighing a fairly bearish report from the International Energy Agency .
Oil rose above $69 a barrel on Monday after Nigeria's main militant group said it attacked a Royal Dutch Shell oil platform, outweighing a fairly bearish report from the International Energy Agency .
Oil rose above $69 a barrel on Monday after Nigeria's main militant group said it attacked an oil platform belonging to Royal Dutch Shell despite an amnesty offer from President Umaru Yar'Adua.
Oil fell below $69 a barrel on Monday as the easing of tensions in energy-rich Nigeria prompted some investors to take profit.
The number of U.S. rigs working rose for a second week as improved crude oil prices lured back drillers even as natural gas activity weakened, according to figures from Baker Hughes Inc
Oil slipped below $70 a barrel Friday after Nigeria said it would halt a battle with rebels during a 60-day amnesty period for militants and release a suspected rebel leader if he accepted an amnesty offer.
Oil ticked up above $70 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield and as equity markets rallied on perceptions the global recession was easing.
Oil rose toward $71 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield and as equity markets rallied on perceptions the global recession was easing.
Oil rose above $71 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield and as equity markets rallied on optimism the global recession was easing.
Oil rose to $71 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield in the Delta state and as equity markets rallied on optimism the recession was easing.
Oil climbed toward $71 a barrel on Friday, extending a 2 percent gain the day before, after rebel attacks on Nigerian oil facilities disrupted supply and equity markets rallied on optimism the global recession was ebbing.
Oil surged above $70 a barrel on Friday, extending a 2 percent gain the day before, after rebel attacks on Nigerian oil facilities disrupted supply and equity markets rallied on optimism the global recession was ebbing.
Oil prices rose more than $2 to near $70 a barrel on Thursday after Nigerian rebels attacked a Royal Dutch Shell pipeline, raising worries about supply from the OPEC-member nation.
Oil prices rose more than a dollar to above $70 a barrel on Thursday after Nigeria's main militant group shut down one of Royal Dutch Shell's pipelines, raising concerns about supplies from the region.
Oil prices rose more than a dollar to near $70 a barrel on Thursday after Nigeria's main militant group shut down one of Royal Dutch Shell's pipeline junction points, heightening concerns about supplies from the region.
Oil rose above $69 a barrel on Thursday after Nigeria's main militant group shut down one of Royal Dutch Shell's pipeline junction points, heightening concerns about supplies from the region.
Oil rose above $69 a barrel on Thursday after Nigeria's main militant group shut down one of Royal Dutch Shell's pipeline junction points, heightening concerns about supplies from the region.
Oil rose toward $69 a barrel on Thursday after Nigeria's main militant group shut down one of Royal Dutch Shell's pipeline junction points, heightening concerns about supplies from the region.
Oil rose toward $69 on Thursday, after Nigeria's main militant group raided a Royal Dutch Shell pipeline and disrupted a major export terminal, recouping losses caused by hefty builds in U.S. fuel stocks.
Oil rose above $69 a barrel on Wednesday, supported by news of a bigger-than-expected draw in U.S. crude oil stocks and growing geopolitical troubles in some OPEC member countries.
Oil dipped below $69 a barrel on Wednesday, falling back after U.S. industry data showed gasoline reservoirs swelled unexpectedly, despite growing geopolitical troubles in some OPEC member countries.
Commodity index traders had snapped up more than 200,000 wheat contracts by mid-2008 that helped fuel last year's record jump in prices, which ended up raising costs for both industry and consumers, according to a year-long bipartisan Senate probe.
Oil dropped to under $69 a barrel on Wednesday, falling back after U.S. industry data showed gasoline reservoirs swelled unexpectedly.
