Oil rises on Middle East worries
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Oil prices rise again as traders weigh up supply issues and the geopolitical tensions building in the Middle East.
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Oil turned higher again on Tuesday after retreating from record highs in response to concerns about the U.S. economy and further indications OPEC has already substantially raised oil output.
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World oil prices rose on Thursday as OPEC ministers gathering in Cairo raised the prospect of cutting output. New York&#39;s main contract, light sweet crude for delivery in January, climbed 59 cents to 42.53 dollars a barrel.
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Oil rose above $96 a barrel on Monday, lifted by mounting political instability in Pakistan and growing tensions between Iran and the United States over Tehran's nuclear ambitions.
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Oil prices surge to new highs in Asia and London amid concerns over winter fuel shortages.
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Oil was trading higher on Monday after a  weekend of worsening conflict between Israel and Hizbollah  guerrillas, leaving traders nervous the violence could escalate  and spread across the oil-producing Middle East.
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World crude prices rise amid fears that oil supplies from the Gulf of Mexico could be disrupted by Hurricane Ivan, and as saboteurs strike a pipeline in Iraq.
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-- Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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Crude oil futures rose in New York, after falling from a record on Friday, as fighting in Iraq&#39;s holy city of Najaf damped expectations the country would restore oil exports to full capacity.
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Oil prices rose more than half a   percent on Thursday as Iran looked set to defy the United   Nations' deadline for halting nuclear enrichment, raising the   risk of sanctions against the world's fourth-biggest exporter.
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WORLD oil prices rose overnight as traders reacted coolly to news of a rise in US commercial energy reserves, sweating instead about an OPEC gathering in Cairo this week.
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Oil rose on Tuesday, as the market grappled with worries over an economic slowdown in the United States and supply concerns from Venezuela and Nigeria.
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Oil prices rose on Friday, stemming five  days of heavy losses as fresh sabotage attacks on Iraqi oil  infrastructure despite a peace deal in Najaf renewed concern  over the country's supplies.
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Oil rose nearly $1 on Monday to match its highest in almost a month, extending last week's late gains as Venezuela threatened to halt oil exports to the United States and bomb alerts shut down one of Britain's largest gas fields.
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Oil edged up above $64 a barrel on   Wednesday as traders cautiously await the debate among members   of the U.N. nuclear watchdog over Iran's atomic work, and on   renewed concerns over disruptions to Nigerian supplies.
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Oil held above $74 a barrel on Friday  on concerns about escalating violence in the Middle East after  Israel called up reservists in what could be a ground offensive  against Hizbollah guerrillas.
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Oil prices rose to record highs on  Monday, pushing crude in London above $50 for the first time  and extending a relentless rise that has added around 65  percent to the cost of crude this year.