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Oil trade coasts A lack of solid market fundamentals held oil prices back in trade on Friday.
THIS WEEK'S ENERGY NEWS

Oil market hesitates

oil pipeline 300 | Oil prices dipped on Thursday as traders took stock of weak fundamentals in the market.

Oil tamed by dollar

SXC | Oil fell on Wednesday after commodities gained overnight on gold's record-breaking price surge.

Oil up on US data

| Oil rose on Tuesday, suppported by signs of good growth in the US manufacturing sector.

Oil market treads lightly

oil flare | Oil was up on Monday but investors remained cautious over the outlook for energy demand.

Oil in driver's seat

SXC | Oil prices surged on Friday on news the US has emerged from a long and painful recession.

Oil demand slumps

| Oil on Thursday was hit by a surprise rise in US petrol stocks that weighed on sentiment.