Oil Holds Near $55 on Winter Fuel Anxiety
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Oil prices held strong on Friday not far  below the $55-a-barrel mark as traders worried time is running  out to top up low heating oil inventories before winter.
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Oil prices held firm on Friday after  leaping almost $2 a day earlier on news U.S. crude stocks sank  to a five-month low last week and distillate fuels barely grew  ahead of winter.
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Oil prices rallied to a record above &#36;55 a barrel Monday on concerns over a winter fuel supply crunch, and as traders took comments from a top U.S. official to mean high prices have yet to really dent U.S. demand.
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Oil prices held steady on Thursday as  data showing stubbornly low U.S. heating fuel supplies ahead of  winter stemmed a rout of nearly $10 since late October.
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Oil prices charged back up to $55 a  barrel on Wednesday as a fresh fall in U.S. heating oil stocks  stoked worries over winter supplies.
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Oil prices climbed again Friday, closing above $55 a barrel for the first time on conercns of domestic shortages in the upcoming winter.
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Oil prices held above $53 a barrel yesterday, setting a record, on lingering concerns about winter fuel supplies in the United States, operational snags in the Gulf of Mexico, and labor strife in petroleum-rich Nigeria.
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Oil prices charged back toward $55 a  barrel on Wednesday as a fresh fall in U.S. heating oil stocks  stoked worries over winter supplies.
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Oil prices eased on Friday, but still  within sight of the $55-mark as traders feared time was running  out to top up low heating oil supplies before winter.
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Oil prices held strong above $53 a  barrel on Wednesday as worries over a winter supply crunch  countered expectations that high fuel costs would curb growth  in petroleum demand next year.
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Oil prices edged up toward $48 a barrel early on Friday as worries that an early or severe winter could stress low winter fuel stocks helped staunch the market&#39;s $8 tumble from record highs.
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LONDON  - Oil prices remained stubbornly above 54 dollars, creeping up towards new record summits on worries of a winter supply crunch after a fifth straight weekly fall in US heating fuel stockpiles.
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Oil prices rallied to a record above  $55 a barrel Monday on concerns over a winter fuel supply  crunch, and as traders took comments from a top U.S. official  to mean high prices have yet to really dent U.S. demand.
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Oil prices slipped further below $55  a barrel on Tuesday, breathing easier after a Norwegian strike  threat receded but still anxious over the thin state of  pre-winter heating oil supplies.
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Crude oil prices moved within range of $55 again Thursday, a day after briefly surpassing the mark over a fall in US distillate fuels stocks that raised fears of shortages as the Northern Hemisphere winter approaches.
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Oil prices climbed Friday, closing above $55 a barrel for the first time, on worries that supplies will be stretched thin this winter while demand from China remains solid.
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Oil prices surged above $55-a-barrel on Friday as concerns about the global supply of winter fuels persist ahead of the Northern Hemisphere winter.