Oil field delays mean higher 2010 crude price: EIA
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The U.S. government's top energy forecaster on Tuesday said it raised its estimate for world crude prices in 2010 by about 20 percent to near $60 a barrel due to delays bringing new oil fields on line.
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Crude futures prices rose Monday on concerns about tight heating oil supplies ahead of winter, strong oil demand in China and fears about a planned petroleum-industry lockout in Norway.
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World oil prices are continuing to scale record heights, rising on concerns over disruptions to supply from strike-hit producers Nigeria and Norway.
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Oil prices rose Thursday as a tropical depression near Mexico raised concerns about possible disruptions to oil and gas production.
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Oil prices hit another record on  Friday, trading as high as $53.40 a barrel, on supply worries  ahead of a planned oil worker strike in Nigeria and delays in  post-Hurricane Ivan U.S. output recovery efforts.
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Oil prices rose on Thursday as Iran   looked set to defy the United Nations' deadline for halting   nuclear enrichment, raising the risk of sanctions against the   world's fourth-biggest crude exporter.
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World crude prices have risen amid fears that supplies from the oil-rich Gulf of Mexico could be disrupted by Hurricane Ivan. Energy companies have evacuated thousands of offshore workers and shut down some production in the region.
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NEW YORK, December 6  - Oil prices increased today on fears of the announcement of an output cut by the OPEC during its meeting scheduled for later this week.
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Retail gasoline prices could go higher as fuel suppliers pass along a surge in the cost of crude oil to drivers, the head of the U.S. Energy Information Administration said Tuesday.
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HOUSTON, Dec. 10 -- Energy prices continued to climb Thursday in anticipation that members of the Organization of the Petroleum Exporting Countries would at least curb overproduction at their meeting Friday in Cairo.
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World oil prices scaled record peaks last night, rising on concern over disruptions to supply from strike-hit producers Nigeria and Norway.
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NEW YORK -- Oil prices rose above $70 a barrel yesterday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing US inventories.
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NEW YORK -- Oil and gas futures rose Tuesday on expectations the hurricane season will intensify and that OPEC won't boost production when it meets next week.
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World oil prices rose on Friday, boosted by production stoppages due to a severe hurricane in the Gulf of Mexico and worries that another storm might further delay imports into the United States.
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Oil rebounded on Monday following a   steep slide last week after BP announced that production from   its giant Thunder Horse oil platform in the Gulf of Mexico   would be delayed to 2008.
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Crude oil rose to a three-week high as Statoil ASA, Norway&#39;s largest oil company, said it couldn&#39;t predict when 205,000 barrels a day of production at two North Sea fields will resume.
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Oil prices climbed higher on Thursday as   Iran said it would never abandon its right to nuclear   technology hours before a U.N. watchdog was expected to report   Tehran had defied a deadline to halt atomic work.