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Oil rises on expectations downturn moderating

Oil prices rose above $53 per barrel on Monday, buoyed by expectations that rich nations' efforts to stimulate their economies may help end the global downturn sooner than expected.

Oil falls below $52 as jobs report weighs

Oil slipped under $52 a barrel on Friday after surging by nearly 9 percent the day before, as global markets viewed the outcome of the G20 summit as paving the way for some risk appetite to return.

Oil down slightly near $52

Oil slipped only slightly to near $52 a barrel on Friday, after surging by nearly 9 percent the day before, as global markets viewed the outcome of the G20 summit as paving the way for some risk appetite to return.

Oil falls below $52 after 9 percent surge, eyes jobs data

Oil slid to under $52 a barrel on Friday, retreating from the previous session's near 9 percent surge, as expectations of a continued weakness in near-term energy demand prompted investors to take profit.

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Oil jumps 7 percent as G20 deal boosts markets

Oil rose more than 7 percent to $52 a barrel on Thursday, in line with a broad rally in global markets on hopes actions agreed at the G20 summit in London would restore global growth.

Oil falls over $2 as inventories rise

Oil fell more than $2 a barrel to below $48 on Wednesday, as U.S. data showed crude stocks grew again last week.

Oil falls over $2 as U.S. inventories rise

Oil fell more than $2 a barrel to below $48 on Wednesday, as U.S. data showed crude stocks grew again last week.

Oil falls below $48, U.S. inventories rise

Oil fell more than 3 percent to below $48 on Wednesday, pressured by bearish economic news and a 16-year high in U.S. crude inventories.

Oil falls below $53, dealers eye U.S. stockpiles

Oil fell nearly $1 to below $53 a barrel Tuesday on expectations U.S. inventory data would show an increase in crude stockpiles and as the greenback made gains against other currencies.

Oil falls below $53, dealers eye US stockpiles

Oil fell nearly $1 to below $53 a barrel Tuesday on expectations U.S. inventory data would show an increase in crude stockpiles and as the greenback made gains against other currencies.

Oil falls below $53 as dollar strengthens

Oil fell below $53 on Tuesday, giving away some of the previous sessions gains, pressured by a stronger U.S. dollar and losses on European and U.S. stock markets.

Oil retreats towards $53 after 3 percent surge

Oil edged down toward $53 on Tuesday, as investors took profits after a 3 percent rise in the previous session that was supported by a surge on global stock markets on a new U.S. banking rescue plan.

Oil heads up towards $54 as U.S. equities surge

Oil jumped more than $1 to above $53 a barrel Monday, supported by a rise in the stock market after strong housing data and on details of a U.S. plan to remove toxic assets from bank balance sheets.

Oil slips as economy, equities weigh

Oil fell on Friday, dragged down by economic concerns, the stronger dollar and a dip in the stock market.

Oil to dominate, but producers say turning green

A crash in oil prices has confirmed the dominance of fossil fuels, OPEC ministers and other energy producers said on Thursday, but they also stated their commitment to fighting the pollution they generate.

Oil surges 7 percent past $51 on Fed plan, weak dollar

By Matthew Robinson

Oil surges 6 percent on Fed plan

Oil jumped more than 6 percent on Thursday to top $51 a barrel after the U.S. Federal Reserve announced a new plan to fight recession and a weak dollar boosted the appeal of commodities to investors.

Oil surges 6 percent to $51 on Fed plan

Oil jumped more than 6 percent on Thursday to top $51 a barrel after the U.S. Federal Reserve announced a new plan to fight recession and a weak dollar boosted the appeal of commodities to investors.

Action on climate to harm Gulf economies: Saudi official

Strict measures across the world to act against climate change could seriously affect the economies of Saudi Arabia and other Gulf nations, a Saudi official said on Thursday.

Oil up more than 6 percent on Fed bond move

Oil jumped more than 6 percent to above $51 a barrel on Thursday after a move by the Federal Reserve to buy government bonds hit the dollar and revived expectations the U.S. economy could soon begin its recovery.

Oil falls on U.S. stock build, China growth concern

Oil fell $1 a barrel on Wednesday after data showed U.S. crude inventories swelled to the highest level in nearly two years and the World Bank cut its 2009 forecast for China's economic growth.

Oil falls on U.S. stock build, China

Oil fell $1 to $48 a barrel on Wednesday after government data showed U.S. crude supplies swelled to the highest level in nearly two years, and the World Bank cut its forecast for China's economic growth this year.