Heating-oil prices to stay hot for winter
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Some suppliers are already charging 35 cents a gallon higher than 2003.
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Oil prices steadied on Friday, stemming heavy losses this week, with a bout of cold weather in the United States expected to keep up demand for heating fuels over the weekend.
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Oil prices steadied on Friday,  stemming heavy losses this week, with a bout of cold weather in  the United States expected to keep up demand for heating fuels  over the weekend.
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Oil stood above $60 on Tuesday after forecasts of a cold spell in the U.S. Northeast buoyed heating oil, and as a weaker dollar and a Saudi warning of possible new output curbs bolstered the market.
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Oil prices stayed close to six-week highs on Friday on forecasts that a bout of cold weather in the United States would raise demand for heating fuels and natural gas.
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Over the summer, rising oil prices meant higher gasoline costs for drivers in the United States. This winter, as crude oil touched $53 a barrel today, they will translate into higher heating bills for American households.
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U.S. consumers are expected to pay record prices for heating oil, electricity and propane to warm their homes this winter, and low-income families will need government help to cover those bills, government energy officials said on Tuesday.
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Heating bills will still be higher this winter, but costs appear to have peaked last month. By Ron Scherer | Staff writer of The Christian Science Monitor.
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Oil rose on Thursday as forecasts for  colder weather in the giant U.S. Northeast heating oil market  overcame worries over the economic health of the world's top  consumer.
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Oil prices were steady on Thursday as  concern over lean heating fuel supplies in the United States  and Europe ahead of winter stemmed falls of nearly $10 since  late October.
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SAN FRANCISCO (CBS.MW) -- Strength in heating-oil and natural-gas futures led an overall climb among energy prices for a second session Tuesday, as cold US weather sparked concerns over heating-fuel supplies for the winter season.
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Forecasts for a warm winter may spell relief for households and businesses in the U.S. Northeast dealing with record high heating oil prices.
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Oil prices stayed close to $49 a  barrel on Thursday, supported by a forecast for an early cold  snap in the United States that could put a strain on a thin  supply cushion of winter heating fuel.
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Oil prices steadied on Tuesday from  steep recent losses as traders remained wary over lean heating  fuel stocks ahead of the northern winter.
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LONDON  - Oil prices rose over worries about a possible supply shortage of US heating oil stocks during the northern hemisphere winter.
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As if $2 a gallon gasoline hasn&#39;t been bad enough, people now should be bracing for sharply higher heating bills this winter whether they use oil or natural gas to warm their homes.
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Oil prices resumed this week's upward  march on Friday, driven by worries that a new U.S. cold spell  might erode already low winter fuel inventories.