Oil prices rebound from a seven-month low
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Oil prices rebounded from a seven-month low yesterday as violence in Nigeria stoked supply concerns.
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Oil prices rebounded to above $66 a   barrel on Tuesday, with bargain-hunting traders ending a   six-day retreat after Iran sounded a softer note on its atomic   program and OPEC agreed to keep production steady for now.
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Oil prices fell to seven-week lows below $47 a barrel on Wednesday as traders braced for another increase in US oil and natural gas inventories ahead of winter.
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Oil climbed above $61 to a seven-week high on Friday after top fuel consumer the United States reported an unexpected drop in gasoline stocks and Iran said it would show 'no weakness' over its nuclear program.
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Oil prices rebounded Friday but remained below $50 a barrel after declining 4 percent over the past week due to rising US supplies of crude and natural gas.
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Oil prices slid to 7-week lows on  Tuesday as growing signs of ample supply eased concerns over  fuel stocks for the northern winter.
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Oil prices recovered to above $93 a barrel on Monday, after declining for the past three sessions, as violence in Nigeria and tensions in Iran countered worries of economic downturn in the United States.
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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 fell to seven-week lows below  $47 a barrel on Wednesday as traders braced for another  increase in U.S. oil and natural gas inventories.
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Oil prices fell Monday, nearing a  7-week low just 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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NEW YORK -- Oil prices neared $49 a barrel yesterday, capping a rise of 7 percent for the week, as Gulf of Mexico crude production rebounded at a slower-than-expected rate in the wake of Hurricane Ivan.
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Oil prices slipped to their lowest level   in five months before rebounding on Thursday as dealers took   pause from a three-day decline ahead of U.S. data expected to   show healthy crude stocks and rising distillate inventories.
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Oil prices bounced from a three-month  low on Monday as traders eyed signals from OPEC that it may  take action to stem a slide that knocked 14 percent off crude  prices last week.
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Oil prices fell to a new six-month low   below $60 a barrel on Monday as news of BP restoring output at   Prudhoe Bay added to a sense of healthy supply.
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The dollar ticked up on Tuesday,  extending its rebound from the previous day's seven-month low  versus the yen after a sharp fall in oil prices led traders to  scale back their bloated dollar-selling positions.
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Oil prices climbed to a seven-week high above &#36;49 a barrel on Tuesday as a cold front swept into the U.S. Northeast, stoking winter fuel demand.
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Oil prices hit a 5-month low on Friday,   boosting European shares, while the yen set a one-month high   against the euro on expectations the currency would be on the   agenda of a Group of Seven financial chiefs meeting.