Update 11: Crude Oil Prices Climb Above $48 a Barrel
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Crude futures climbed above $48 a barrel Thursday as market fears of sabotage against the Iraqi oil infrastructure outweighed assurances from Baghdad that exports would increase in coming days.
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Crude oil prices are back above the $47 a barrel mark after an energy market watchdog raised its forecasts for global demand.
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-- Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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Crude oil prices were up $1.72 at $45.90 per barrel in afternoon trading on the New York Mercantile Exchange. Heating oil futures rose by 7.08 cents on Friday to $1.452 per gallon.
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U.S. crude oil climbed above $60 a barrel  for the first time in a month on Friday, extending a gain of $2  a day earlier, amid signs of falling crude exports from  producer group OPEC.
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Crude futures climbed above 48 dollars a barrel Wednesday as US Energy Department reported that domestic supplies fell more than expected.
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WASHINGTON -- Oil prices shot up above $48 US per barrel yesterday after the US government reported that supplies shrank more than expected following production and shipping disruptions caused by hurricane Ivan.
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Crude oil prices rose 45 cents to $41.77 per barrel on the New York Mercantile Exchange. Heating oil futures were up by 1.13 cent to $1.2221 per gallon on Nymex.
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NEW YORK - Stocks edged higher in early trading Friday as investors tried to uncouple share prices from skyrocketing oil costs, even as crude reached new highs and neared $50 per barrel.    A barrel of light crude was quoted at $49.33, up 63 cents, on the New York Mercantile Exchange, continuing a climb that has sent new intraday highs with every quote...
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U.S. crude prices rose to another new  record on Thursday, rising 25 cents to $47.52 a barrel on  evidence that high prices are not hurting world oil demand  growth.
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Oil prices edged up toward $48 a  barrel early on Friday as worries that an early or severe  winter could stress low winter fuel stocks helped staunch the  market's $8 tumble from record highs.
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NEW YORK, October 8  - Crude oil price increased to a new record high of $53.40 per barrel at the New York Mercantile Exchange (NYMEX) today, marking the fourth consecutive day of new record high levels.
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US crude oil futures climbed towards $46 a barrel Monday after Russia&#39;s Yukos suspended some oil exports to China and traders remained concerned about storm-related supply disruptions into the United States.
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Crude oil futures jumped toward $44 a barrel yesterday as traders appeared to remain concerned about tight supplies of heating oil ahead of the government's next petroleum supply report and as colder weather approached the Northeast.
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Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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U.S. crude oil climbed above $60 a barrel for the first time in a month on Friday, extending a gain of $2 a day earlier, amid signs of falling crude exports from producer group OPEC.
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Oil prices rose Monday morning, climbing toward $46 per barrel, after reports that embattled Russian oil giant Yukos suspended some oil exports to China and as traders expect further declines in the US petroleum supply due to production, refining and