Oil Falls Fifth Day in Six as OPEC Cuts Demand Outlook

U.S. crude futures slid for a fifth time in six days after OPEC cut forecasts for the amount of oil it needs to supply and the dollar strengthened. West Texas Intermediate fell as much as 2 percent.

Brent holds near $111 on US fiscal uncertainty; Japan supports

SINGAPORE (Reuters) - Brent crude held near $111 per barrel on Thursday as jittery investors stayed on the sidelines with a deadline to avert a U.S. fiscal crisis approaching, while hopes the new Japanese government's policies will spur demand supported prices.

Crude Oil Rises on Concern Mideast Tension Will Disrupt Supplies

Oil rose in New York on concern that the clash between Israel and Hamas may escalate into a wider conflict that would endanger Middle East crude exports.

Oil Set for Second Weekly Drop on Demand Outlook, Supply

Oil in New York rebounded after better-than-forecast U.S. economic figures fueled speculation that energy demand in the world’s largest crude user will increase. Futures rose as much as 0.3 percent after earlier dropping as much as 1.2 percent.

Oil pares gains after Fed statement, EIA draw supports

NEW YORK (Reuters) - Oil futures ended off highs in choppy trading on Wednesday after the U.S. Federal Reserve said the economy had lost some momentum but offered no new stimulus, with support still coming from data showing a bigger-than-expected drawdown in U.S. crude stockpiles last week.