Oil Flies Back to $55, Winter Stocks Fall
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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 flew back above $54 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 simmered near $55 a barrel on  Friday on rising fears of a winter fuel supply crunch and  robust but slowing economic growth in China, the world's number  two user.
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Battered oil prices stayed weak on Friday after a $6 slump spurred by easing worries about winter supplies. US crude oil futures (CLc1: Quote, Profile, Research) fell five cents to $43.20
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Oil prices held firm above &#36;55 a barrel on Wednesday as traders braced for the start of the northern winter with thin heating oil supplies.
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Oil prices climbed back above $59 a barrel on Wednesday as a blast of cold weather boosts heating oil demand in the United States and OPEC supply cuts quicken the seasonal fall in crude stocks in industrialized countries.
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U.S. stock futures trimmed early  losses but pointed to a lower market open on Monday, following  a broad sell-off on Friday, as oil prices set new records above  $55 a barrel, fueling worries that soaring energy costs will  bite into corporate profits.
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NEW YORK - Oil prices jumped nearly two dollars on Thursday after the US government said crude stocks fell to a fresh five-month low last week and distillate fuel inventories barely grew ahead of winter.
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Oil prices continued to rally on Monday, clawing back more of this months' losses on heightened concerns over low global winter fuel supplies.
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Oil prices extended their bounce from three-week lows on Monday, climbing back above $52 amid jitters over thin global winter fuel stocks and this week&#39;s presidential election.
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A decline in the nation&#39;s inventory of heating oil catapulted crude futures prices toward $55 a barrel Thursday. It was the latest jolt to a market already rattled by the
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Oil prices rebounded from seven-week  lows on Wednesday as U.S. heating oil stocks fell for an eighth  straight week ahead of winter.
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Oil prices fell on Monday to a 7-week low under $47 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch despite a cold snap in North America at the weekend.
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LONDON - Oil prices charged back up to $55 a barrel this week as a fresh fall in US heating oil stocks stoked worries over winter supplies.
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Oil prices held firm above $55 a  barrel on Wednesday as traders braced for the start of the  northern winter with thin heating oil 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 continued to rally on  Monday, clawing back more of this months' losses on heightened  concerns over low global winter fuel supplies.