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Oil rose almost $3 Thursday to finish the trading day over $80 a barrel for the first time in a week and capping the biggest two-day rally since February, Bloomberg reported.

Oil took its biggest single-day jump in five months Wednesday, rising $4 to more than $79 a barrel following a report that showed inventories plunged last week, Bloomberg reported.

Oil fell early Monday after closing Friday at a one-year low $79.20 a barrel, Bloomberg reported.

Oil fell to a two-week low near $83 a barrel in early trading Tuesday as investors speculated that signs of a weakening U.S. economy and higher crude stockpiles showed fuel demand will slip, Bloomberg reported.

Oil prices fell slightly Wednesday to near $89 a barrel, capping the biggest monthly decline since May, Bloomberg reported.

Oil fell almost $1 early Monday in advance of this week’s economic reports on housing indicators, Bloomberg reported.

Oil fell 34 cents Friday, finishing the New York Mercantile Exchange trading week at $85.38 a barrel, Bloomberg reported.

Oil fell to an almost eight-month low near $83 a barrel in early trading Monday, following Friday’s downgrade of a U.S. credit rating, Bloomberg reported.