Oil Hits Lowest Prices Since July 26
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U.S. oil prices hit their lowest in  more than a month on Monday on continued profit-taking as  producer group OPEC sought to increase its tight spare capacity  and the U.S. summer driving season approached its end.
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NEW YORK, November 4  - Crude oil prices declined today to their lowest levels in more than one month, after rising early this morning and yesterday on news of George Bushâs re-election as the US President.
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LONDON  - Oil prices continued to spiral lower, hitting near three-month low points in New York following a rise in US petroleum stockpiles and signs OPEC will refrain from announcing output cuts next week.
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U.S. retail gasoline prices fell to  the lowest level in four weeks and the cost of diesel fuel  declined for the second week in a row, the Energy Department  said on Monday.
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Oil futures prices sank to their lowest level in nearly a month Monday on a continuation of the selloff sparked last week by rising US supplies of crude and easing fears about the refining industry&#39;s ability to satisfy heating oil demand.
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Oil prices fell to a four-week low yesterday, briefly dropping below $50 a barrel, as traders grew less concerned about possible threats to supplies.
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US gasoline costs fell to their lowest level in four months, with the national pump price dropping 1.8 cents over the last week to $1.
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The cost of a barrel of oil in London has dipped below $40 as energy prices have continued to slide. The price of Brent crude in London fell to a three-week low of $39.
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The Consumer Price Index fell 0.1 percent in July, taking its first drop in eight months, as gas prices declined despite the soaring cost of crude oil.
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Traders brace for another rise in US crude, natural gas stocks, IEA says prices may have peaked. LONDON  - Oil prices fell to seven-week lows Wednesday, below $47 a barrel, as traders braced for another
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Oil steadied at below $69 a barrel on  Wednesday, hovering near its lowest in three and a half months  as dealers feared oil stocks may quickly build up now that the  northern hemisphere summer season has ended.
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Oil slid to a six-week low on Friday,  continuing a fund-led selling spree that has knocked 13 percent  from last week's record highs as rising stockpiles have eased  worries of a winter supply crunch.
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Oil prices fell below $45 on Wednesday  dragged down by heavy losses on U.S. gasoline as summer driving  demand failed to meet expectations.
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Oil prices crumbled another 5 percent to a 12-week low just above $43 a barrel on Thursday, suffering the biggest two-day slide since the Gulf War after a rise in US heating oil stocks triggered furious ...
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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.
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Oil prices fell 3.5 percent to a three-month low Tuesday as mild winter weather sapped heating oil demand in the US Northeast. US light crude settled down $1.52 at $41.46 a barrel, the
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Oil prices fell to their lowest in five   months before steadying on Thursday, pausing from a three-day   decline as dealers zeroed in on healthy U.S. inventories   heading into the mild autumn demand season.