Oil tumbles below $53
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Oil prices tumbled nearly $3 a barrel Wednesday after a report showing a bigger jump in crude oil inventories than traders and analysts had expected.
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Oil prices tumbled to an 11-week low  below $44 a barrel on Thursday, deepening a dramatic slide  after an increase in U.S. heating oil stocks triggered heavy  selling from big-money speculative funds.
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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 futures prices sank nearly 5 percent Wednesday, dropping below $53 a barrel, as concerns about tight winter fuel supplies eased, at least temporarily, and traders turned their attention to rising US inventories of crude.
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Oil prices fell to around $68 a barrel   on Wednesday, just off a three and a half month low struck the   previous session and above key support levels that, if broken,   could trigger a deeper selloff.
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Oil prices slid below $61 a barrel on   Wednesday on rising winter fuel stocks and waning concern about   Iran, but Saudi Arabia, the world's largest exporter, signaled   the market may have fallen enough.
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Oil prices extended their decline on Wednesday to below $88 a barrel as poor U.S. economic data reinforced fears that the world's largest economy is on the brink of a recession, knocking stock markets lower.
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Oil futures prices sank nearly 5 percent yesterday, dropping below $53 a barrel, as concerns about tight winter-fuel supplies eased, at least temporarily, and traders
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Investors sent stocks markedly lower yesterday as oil prices reached $53 a barrel during the trading session and new questions were raised about the safety of arthritis drugs, putting pressure on pharmaceutical shares.
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Oil fell to an eight-month low below $58 on Wednesday as a surprise build in U.S. crude stocks offset Kuwait's announcement that it may join other OPEC countries in cutting output if prices fall further.
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SINGAPORE: Oil prices slid to a five-week low on Friday, continuing a downturn that has slashed almost 13 per cent from record highs as rising stockpiles have eased worries of a winter supply crunch.
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Oil prices fell sharply last night, taking US crude below $50 ahead of the US presidential election. US light crude dipped as low as $49.
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LONDON: 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 sank to a four-month low  below $41 for U.S. crude on Wednesday after leading OPEC  producer Saudi Arabia questioned the need for the cartel to  curb supplies.
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Oil fell to a six-week low on Tuesday, dragged lower by a stock market plunge and fears a slowdown in the United States could have a much wider impact than previously thought.
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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 plummeted below $44 a barrel yesterday, sinking for the fourth consecutive day, as supply fears receded, gasoline futures plunged and profit- taking took over.