All three major U.S. stock indices experienced a repeat of Monday's bumpy trading
Oil prices reached seven-year highs last week, bolstered by tight worldwide supply and resurgent global demand.
Anyone who's bought food, paid rent or looked for a used car recently has come up against the billowing inflation that has engulfed the US economy.
Brent crude futures rose 87 cents, or 1.0%, to $88.76 a barrel by 0100 GMT, reversing a 0.6% loss on Friday.
Brent futures fell 49 cents, or 0.6%, to settle at $87.89 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 41 cents, or 0.5%, to settle at $85.14
Oil prices plunged as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally
Futures in New York traded near $87 a barrel after advancing almost 6% over the past three sessions
Brent crude futures dropped 72 cents, or 0.81%, to $87.72 a barrel, as of 0152 GMT. The global benchmark touched $89.13 a barrel in the last session, its highest since October 2014
Oil prices slipped back on Thursday after hitting their highest levels since 2014 in the previous session on the back of strong demand and short-term supply disruptions
Oil prices rose for a fourth day to a seven-year high as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook
Oil prices on Tuesday climbed to their highest since 2014 as investors worried about global political tensions involving major producers
Nifty down 1.07%; sell-on-rise scenario may exist for some time, say experts
Brent tests $88-mark on possible supply issues
International oil prices jumped to the highest level since 2014, topping USD 87 a barrel but domestic petrol and diesel prices remained unchanged for the 74th day in a row
US West Texas Intermediate crude futures jumped 81 cents, or 1%, from Friday's settlement to $84.62 a barrel
Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain tight amid restrained output
Oil prices typically move inversely to the U.S. dollar, with a stronger greenback making commodities more expensive for those holding other currencies
Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of Omicron variant surge
Oil prices hit two-month highs on Wednesday on tight supply as crude inventories in the United States, the world's top consumer, fell to their lowest since 2018
Oil soared nearly 4% on Tuesday, supported by tight supply and expectations that rising coronavirus cases