Crude Settles Above $50 for First Time
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NEW YORK - The price of oil settled above $50 a barrel for the first time Friday amid concerns about tight supplies globally and hurricane-related production problems in the Gulf of Mexico.    On the New York Mercantile Exchange, crude for November delivery settled at a record $50.12 per barrel, up 48 cents...
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NEW YORK -- Oil prices settled at the highest level in more than two months yesterday, as concerns over declining product supplies outweighed traders' worries about volatile global stock markets.
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Supplies hit $50 a barrel for the first time as global demand rises and supplies are increasingly threatened. By Brad Foss. Crude oil surpassed $50 a barrel for the first time and analysts said Tuesday that
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Oil prices ended above $50 a barrel on  Friday amid concern over possible fighting in Nigeria's  oil-producing delta region, where a two-day truce between rebel  militia and government forces was holding.
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The price of crude oil surged above $50 a barrel in after-hours trading yesterday, raising fears of an economic slowdown and higher prices at the gas pump.
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NEW YORK: Oil prices pierced the $50-a-barrel mark again last night amid concern over possible conflict in Nigeria&#39;s oil-producing delta region, where a two-day truce between rebel militia and government forces is holding.
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Crude oil prices settled at $49.64 a barrel, up 76 cents as traders expressed concern that recent hurricanes had hurt output in the United States.
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Crude oil prices have jumped to $50.00 a barrel in after hours trading in New York. The psychologically significant level was reached in electronic trading after the close of the markets Monday.
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The price of crude oil moves back above the benchmark $50 a barrel mark as production facilities in the Gulf of Mexico remain down.
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Benchmark light, sweet crude futures for November rose 33 cents to settle at a new record high of $53.64 a barrel, after reaching an intraday high of $53.
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CRUDE oil prices pushed past the psychologically important $US50-per-barrel mark today and hit an all-time high as the market reacted to the slow recovery of US production in the Gulf of Mexico following Hurricane Ivan as well as unrest in key oil
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The price of a barrel of crude oil passed the record 50-dollar level on Monday, with various factors - such as the violent situation in Iraq and hurricanes in the Gulf of Mexico â-etting the blame for the hike.
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The price of crude oil futures reached an all-time high Monday, closing just under $50 per barrel, due to hurricane-related production shortages in the Gulf of Mexico and political turmoil in Africa and the Middle East.
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NEW YORK, November 22  - Crude oil prices increased to near the $50 per barrel mark this morning, amid renewed concerns surrounding a potential shortfall in the heating fuel supplies this winter.
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LONDON - Crude oil futures contracts topped the psychological milestone of $50 per barrel for the first time Tuesday, surging to new record levels that could unsettle oil importing nations.    Analysts said instability in the Middle East; political unrest in Nigeria, Africa's top oil exporter; and the Caribbean's hurricanes were keeping traders on edge about world supplies...
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Oil prices on the London market broke through the 50 US dollars per barrel level for the first time during Monday morning trading.
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The price of oil finally broke through the $50-a-barrel mark today, a milestone never seen before.