Oil Price Comes Close to $50 but Then It Stages a Retreat
4989
il prices climbed nearer to $50 a barrel yesterday before retreating, as traders reacted to reports on the conflict in Iraq, concerned that growing unrest might interrupt crude oil exports.
479739
The two-day decline in oil prices, with crude futures briefly dipping below $53 a barrel yesterday, is a temporary trend that is likely to reverse itself before too long, analysts and traders said.
397784
Oil retreated further from its US$53 per barrel threshold in early Asian trade Friday, but players in the market remained edgy about tight supplies heading into North America&#39;s winter heating season.
631901
Oil fell back below $50 on Thursday, resuming a downturn that has cut prices 11 percent from record highs and ending a brief rally following President Bush&#39;s US election victory.
137023
Oil prices plunged to $50.13 yesterday, capping a 10 percent fall from record highs set last week and easing worries about high energy prices in financial markets.
228831
markets. Exports had been sharply reduced due to sabotage and threats from militants. Oil prices rose to nearly $50. (27.5 pounds) a barrel last week but have since eased.
520405
WASHINGTON -- Oil prices inched closer to $50 a barrel yesterday even as the Bush administration offered to tap the nation's emergency stockpile of crude on behalf of refiners whose supply was disrupted by Hurricane Ivan.
35362
US oil prices inched below $50 a barrel again Tuesday, maintaining a week-long slide that has cut more than $5 off record-high prices as some traders cashed in profits ahead of the US presidential election.
413558
Oil prices ended above $50 a barrel on  Friday amid concern over possible fighting between rebels and  the military in Nigeria's oil-rich delta region.
270640
World oil prices marched towards 50 dollars per barrel, touching new highs in pre-opening electronic trading as fighting raged in major producer Iraq.
298699
The price of heating oil isn't falling as fast as the price of gasoline, but it's starting to drop.
573956
Oil prices pierced the $50-a-barrel mark again today amid concern over possible conflict in Nigeria's oil-producing delta region.
258662
The price of oil dropped almost 8 percent this week, amid signs that some of the speculators who pushed the price close to $50 a barrel have bailed out.
165650
Oil prices closed above $50 a barrel for the first time yesterday as concerns linger about damage to oil production in the Gulf of Mexico from Hurricane Ivan.
458587
Oil prices surged closer to $50 a barrel after hitting yet another record high in the US yesterday, as confusion reigned over the fate of Najaf, sparking fresh fears about Iraq&#39;s oil supplies.
579981
Oil prices are pushing past the psychological barrier of $50 a barrel Tuesday. Prices are rising in part because of the slow recovery of production in the Gulf of Mexico following Hurricane Ivan.
304973
WASHINGTON - Crude oil prices soaring to nearly $50 a barrel have heightened concerns that sustained high energy costs could drag the slowing US and world economies into a more serious downturn.