1. Although it convinced the Organization of Petroleum Exporting Countries this year to increase crude supplies, the price of oil remained high.
2. As tensions eased, concern that Middle East crude supplies will be disrupted also faded.
3. Bank shares were hurt by rising interest rates, while oil shares rallied on tight crude supplies.
4. Crude oil is expected to rise after a weekly report by the American Petroleum Institute showed U.S. crude supplies fell more than expected last week.
5. Crude supplies are now at their highest in three years.
6. Crude oil is expected to hold steady in the days ahead as ample crude supplies help offset rising processing rates from U.S. refiners.
7. Crude supplies are rising just as winter enters its final month, signaling an end to peak demand for heating oil is near.
8. European stocks rose, led by oil companies which gained on concern that tension between the U.S. and Iraq could threaten crude supplies.
9. European stocks rose, led by oil companies, which gained on concern that tension between the U.S. and Iraq could threaten crude supplies.
10. Expectations for strong gasoline demand during the peak warm weather driving season boosted oil prices since early May, even amid ample world crude supplies.