NYMEX Crude Strikes Record &#36;48.90
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NYMEX crude oil futures struck another record at &#36;48.90 a barrel on Friday before the prompt-month expiry, as surging violence in Iraq sparked fresh concerns over supply disruptions.
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ChevronTexaco Corp.(CVX.N: Quote, Profile, Research) , the No. 2 US oil company, rode the wave of record oil prices to post a 62 percent rise in quarterly profit on
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NEW YORK/PARIS  - The New York Mercantile Exchange (NYMEX), the world's largest energy market, is exploring a sale for about $14.3 billion, a news agency reported on Friday, as exchanges worldwide hustle for the best merger partners.
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NEW YORK -- Crude oil futures prices ended above $50 a barrel for the first time on the New York Mercantile Exchange. In New York, crude for November delivery rose 48 cents and closed at a record $50.
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Aug. 20 (Bloomberg) -- Crude oil futures rose to a record, surpassing $49 a barrel on the New York Mercantile Exchange, on concern clashes in southern Iraq between US troops and Shiite Muslim militiamen may cut Iraqi exports.
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TORONTO - Oil prices broke through another new record, passing the $54-per-barrel mark on Tuesday. On the New York Mercantile Exchange, the price for the November contract for light sweet crude stood at $54.
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NEW YORK - Oil prices surged yesterday, rising to a record near $90 a barrel, as the falling dollar drew new foreign investors and speculators to dollar-denominated energy futures.
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Aug. 19 (Bloomberg) -- Crude oil futures jumped to a record $48.70 a barrel in New York on concern that Iraqi exports may drop further because of clashes in southern Iraq between US troops and fighters loyal to Shiite Muslim cleric Moqtada al- Sadr.
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Oil surged to record highs near &#36;76  on Thursday as worries over lower U.S. crude stocks were  underlined by increased tension in the oil-rich Middle East and  suspected explosions at a pipeline in OPEC exporter Nigeria.
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World oil prices ruptured fresh records on Tuesday, as US light crude punched through the $50 a barrel mark. US light crude leapt to $50.
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NYMEX crude kept close to record  highs near $54 early on Tuesday as global oil supplies remained  hounded by disruptions, magnifying concerns over U.S. heating  oil stocks ahead of the winter, traders said.
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Crude oil rose to a record $49.74 a barrel in New York amid concern rebel attacks in Nigeria will reduce production and US refiners will struggle to replenish supplies disrupted by Hurricane Ivan.
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Crude oil in New York rose to a record $53.80 a barrel after the US said some production shutdowns in the Gulf of Mexico caused by Hurricane Ivan may last as long as six months.
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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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Crude oil futures traded near a record in New York as damage to pipelines and pumps on the Gulf of Mexico caused by Hurricane Ivan cut supplies before winter.
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The price of crude oil ends above $50 a barrel for the first time in 21 years of trade on New York's Nymex exchange.
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Crude oil futures rose to a record $55.45 a barrel in New York after a report that the Chinese economy grew more than expected. Oil&#39;s rally lifted heating oil to a record and natural gas to a 20-month high.