Oil slipped below $71 a barrel on Thursday in volatile trade as investors weighed signs of slightly better demand against concerns over the fragility of any economic recovery.
Oil rose further over $71 a barrel on Thursday, buoyed by weakness in the dollar and bullish data on Chinese and U.S. crude inventories.
Oil rose toward $72 a barrel on Thursday as the dollar weakened, and bullish data on China and U.S. crude inventories helped lift sentiment.
Oil paused at $71 a barrel on Thursday, as traders weighed a steady dollar against bullish data on China and U.S. crude inventories.
Oil paused above $71 a barrel on Thursday, as traders weighed a steady dollar against bullish data on Chinese fuel exports and U.S. crude inventories.
Oil prices fell below $70 a barrel on Wednesday, after a U.S. government report showed a surprise increase in gasoline supplies in the world's top consumer heading into summer driving season.
Oil fell below $70 a barrel on Wednesday after a U.S. government report showed a surprise increase in gasoline supplies in the world's top consumer, but a drop in crude stocks limited losses.
Oil fell below $70 a barrel on Wednesday, pressured by weaker stock markets, as investors awaited a U.S. inventory report expected to show supplies declined in the world's top consumer.
Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.
Oil fell more than 3 percent to below $70 a barrel on Monday, extending its retreat from a near eight-month high as the dollar firmed and stock markets tumbled.
Oil fell to around $71 a barrel on Monday, extending its retreat from a near eight-month high as the dollar firmed and analysts said the market had rallied too quickly.
U.S. stocks headed for a sharply lower open on Monday as a resurgent U.S. dollar drove a pullback in the price of oil and other commodities, while a broker downgrade hurt shares of Wal-Mart Stores Inc .
Oil eased toward $72 a barrel on Friday, a day after reaching a near eight-month high, pressured by a firmer dollar and views that prices have risen too far despite improving economic sentiment.
Oil fell below $72 a barrel on Friday, a day after reaching a near eight-month high, pressured by a firmer dollar and views that prices have risen too far despite improving economic sentiment.
Oil fell below $72 a barrel on Friday, a day after reaching a near eight-month high, pressured by a firmer dollar and views that prices have risen too far despite improving economic sentiment.
Oil fell below $72 a barrel on Friday, a day after reaching a near eight-month high, pressured by a firmer dollar and views that prices have risen too far despite improving economic sentiment.
Oil prices slid toward $72 a barrel on Friday, as investors locked in gains from a near eight-month high settlement a day ago, but stronger-than-expected China factory output and retail sales data lent support.
Oil prices fell toward $72 a barrel on Friday, as investors locked in gains from a near eight-month high settlement a day ago, but stronger-than-expected China factory output and retail sales data lent support.
Oil prices extended a three-day rally to above $73 a barrel on Thursday on hopes for a recovery in world energy demand and worries refinery shutdowns could tighten U.S. gasoline supplies before summer driving season.
Oil firmed to $72 a barrel on Thursday after the International Energy Agency raised its estimate for 2009 oil demand, adding to signs the fall in consumption may have bottomed out.
Oil firmed above $72 a barrel on Thursday after the International Energy Agency raised its estimate for 2009 oil demand, adding to signs the fall in consumption may have bottomed out.
Oil rose above $72 a barrel on Thursday, heading for a third consecutive day of gains, after data showed falling U.S. crude and product inventories, adding to signs that oil demand may have bottomed out.
Corrects last paragraph to say weaker dollar adds support
Oil rose toward $72 a barrel on Thursday, heading for a third consecutive day of gains, after data showed falling U.S. crude and product inventories, adding to signs that oil demand may have bottomed out.
Oil topped $71 a barrel on Wednesday for the first time in seven months on signs demand for crude could be recovering, with U.S. inventories falling by more-than-expected last week and the Department of Energy raising its forecast for global demand.
Stocks headed for a higher open on Wednesday, as surging prices for oil and other commodities drove a global equities rally and Home Depot raised its outlook.
Oil topped $71 a barrel on Wednesday, after settling above $70 for the first time in seven months on a larger-than-expected fall in crude oil stocks and a forecast that falling oil demand may have bottomed.
Oil raced toward $71 a barrel on Wednesday, after settling above $70 for the first time in seven months on a larger-than-expected fall in crude oil stocks and a forecast that falling oil demand may have bottomed.
Oil jumped 3 percent to hit a fresh seven-month high over $70 a barrel on Tuesday after data showed a steep drop in U.S. crude inventories and a U.S. government report revised global demand expectations higher.
Oil jumped nearly 3 percent to settle at a seven-month high of $70 a barrel on Tuesday on the weaker dollar and a U.S. government report revising global demand expectations higher for the first time since September.
