OPEC

Oil above $61 ahead of OPEC meeting

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Oil pared losses on Tuesday to trade above $61 a barrel, after Saudi Arabia said oil demand was picking up and in response to positive U.S. consumer confidence data.
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Oil falls below $60 ahead of OPEC meeting

Oil fell below $60 a barrel on Tuesday, pressured partly by a firmer U.S. dollar and expectations an OPEC meeting later this week would keep the producer group's output unchanged.
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Oil falls towards $61

Oil prices fell toward $61 a barrel on Monday, giving away some of last week's gains, ahead of OPEC's meeting in Vienna, where the group was widely expected to agree not to cut oil output further.
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Oil falls towards $61 on N.Korea nuclear test

Oil prices fell toward $61 a barrel on Monday, shedding some of the previous session's gains, on risk aversion after North Korea said it had conducted an underground nuclear test.
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G8 energy leaders urge stable oil prices

Consumer nations on Sunday urged producers to keep oil prices stable or risk derailing a fragile global economic recovery, as top exporter Saudi Arabia forecast prices eventually moving toward $75 a barrel.
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G8 energy leaders press for oil price stability

Energy leaders on Sunday debated what oil price would spur investment in the sector without hurting a wider global economic recovery, as top producer Saudi Arabia forecast prices eventually moving toward $75 a barrel.
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OPEC set to keep output steady after oil price rise

OPEC ministers are expected to make no change to oil supply when they meet in Vienna next week as higher prices ease their concerns about overflowing fuel inventories and the deepest fall in demand for years.
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Oil steady above $61, off 6-month peak on weak U.S. data

Oil hovered above $61 a barrel on Friday, off six-month highs the previous day, as disappointing jobs and factory data dented hopes that the economy of the United States, the world's top energy user, was set for a quick rebound.
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Oil steady, off 6-month peak on weak U.S. data

Oil hovered above $61 a barrel on Friday, down from Thursday's six-month highs, as disappointing jobs and factory data dented hopes that the economy of the United States, the world's top energy user, was set for a quick rebound.
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Oil falls from six-month peak

Oil fell on Thursday, dragged down from six-month highs as signs of job market weakness stoked concerns about the economy.
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Oil pushes above $62 on U.S. inventory data

Oil prices briefly pushed above $62 a barrel on Wednesday to touch a new six-month high on bullish inventory data and a spate of refinery accidents in the United States, in spite of weak market fundamentals.
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Oil rises to six-month peak above $60

Oil prices rose above $60 a barrel on Wednesday, hitting a new six-month high, as investors awaited more U.S. oil inventory data and kept a close watch on equities for direction.
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Oil steadies above $60, eyes U.S. oil inventories

Oil prices steadied above $60 a barrel on Wednesday after touching a six-month high a day earlier, as investors awaited more U.S. oil inventory data and kept a close watch on equities for direction.
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Oil prices climb on Nigeria, U.S. refinery fire

Oil prices rose nearly 4.8 percent to a six-month high on Monday as violence in Africa's top crude exporter Nigeria and a fire at a key U.S. East Coast refinery revived concern about supplies.
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Oil rises to around $57 after sharp slide

Oil rose to around $57 a barrel on Monday as traders saw the previous session's near 4 percent fall as excessive and violence in Africa's top oil exporter Nigeria lent support.
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Oil recovers to $57, eyes economic data

Oil bounced back to $57 a barrel on Monday, recouping some of the previous session's near 4 percent loss, buoyed by short-covering despite a still uncertain outlook for the global economy.
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Oil steadies above $56, eyes economic data

Oil hovered little changed above $56 a barrel on Monday, pausing from the previous session's near 4 percent loss, as the market awaited further economic data and movements in equities markets for directions.

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