Oil Rises Nearly 2 Percent on Colder US Weather
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Oil prices jumped nearly 2 percent on Tuesday as colder weather in the United States, the world&#39;s largest heating oil market, brought temperatures more in line with seasonal norms.
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Oil prices climbed above &#36;42 a barrel on Wednesday, rising for the third day in a row as the heavy consuming U.S. Northeast feels the first chills of winter.
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Oil rose above $61 on Wednesday, pushed higher by expectations colder weather in the U.S. Northeast would boost demand in the world's top heating oil market.
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Oil prices edged higher for the second  day on Wednesday ahead of U.S. government data expected to show  a slight decline in winter heating fuel stocks.
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BEIJING, Dec. 30 -- Crude oil rose for a second day after forecasters said weather next week in the US Northeast, where 80 per cent of the country&#39;s home heating oil is used, may be colder than predicted.
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PORTLAND, Maine  - Oil rose 2 percent on Wednesday ahead of a government report expected to show crude inventories in the world's top consumer fell for a sixth straight week.
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Oil prices climbed $2 higher on Friday  on renewed concern over tight supplies of distillate fuels in  all main consuming centers ahead of the Northern Hemisphere  winter.
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Oil prices rose 2 percent Tuesday on the back of a rally in heating oil and natural gas futures that was supported by colder weather in the Western Hemisphere.
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Oil prices ticked higher on Tuesday, holding above &#36;42 a barrel as dealers awaited signs of any renewed cold snap that would revive demand for winter heating fuels in the United States.
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Oil prices climbed nearly a dollar on Monday, moving above &#36;46 a barrel on escalating sabotage at Iraqi oil facilities and the risk that a U.S. cold spell would strain thin winter fuel supplies.
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Oil prices perked up from 7-week lows on Friday on forecasts for colder-than-normal weather in the U.S. Northeast.
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Oil bounced back above $59 a barrel on Tuesday as the coldest weather of the U.S. winter was expected to draw down heating oil stocks.
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Crude oil futures moved upward Wednesday, as the northeastern United States _ a heavy consumer of heating oil _ felt the first signs of what could likely be a colder-than-expected winter.
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Oil prices extended gains above &#36;41 a barrel on Tuesday on forecasts of colder temperatures in the U.S. Northeast, a supply cut by top OPEC producer Saudi Arabia and disruptions to Iraqi crude exports.
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Oil climbed to a two-month high near $63 on Thursday, building on the previous session's gains after an unexpected drop in U.S. winter fuel stocks and signs of solid economic growth in the world's top consumer.
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Oil prices rose a dollar on Friday as  worries a cold spell in the United States could erode already  depleted winter fuel inventories spurred the market higher.
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Rallying oil prices climbed to within a dollar of &#36;50 a barrel early on Monday as a blizzard enveloped the U.S. Northeast, boosting demand for heating oil.