Oil Slips from Record High of $46.30
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Oil prices eased from new record highs  on Monday as victory for Venezuelan President Hugo Chavez in a  referendum on his rule eased fears that unrest could upset the  country's oil exports.
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Oil prices dipped on Thursday but held near the previous day's record high above $80 a barrel, as dealers watched a tropical storm in the Gulf of Mexico after a sharp fall in U.S. crude stocks.
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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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Oil prices have fallen sharply after briefly surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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Oil prices set new record highs above  $54 a barrel for U.S. crude Tuesday, with global supplies  hounded by outages that are thwarting efforts to build winter  heating oil inventories.
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US oil prices held above $46 a barrel on Tuesday on worries of a major supply disruption at a time when producers are pumping at full tilt to meet strong demand.
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NEW YORK - Oil prices jumped to record highs above US$54 on Tuesday as supply hitches hindered efforts to build northern hemisphere winter heating fuel inventories.
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Oil prices fell Thursday, failing to top the $100-a-barrel mark, despite a larger-than-expected fall in crude inventories.
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Oil jumped to a record high near $94 a barrel on Monday as stormy weather disrupted supplies from giant exporter Mexico and the dollar wallowed near record lows.
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Oil prices surged to new record highs  again Tuesday, taking U.S. crude above $54, with global  supplies hounded by outages that are thwarting efforts to build  winter heating fuel inventories.
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NEW YORK -- Oil climbed to settle near $61 a barrel yesterday, the highest closing price this year, after the US government reported surprisingly large drops in gasoline and heating oil inventories.
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Oil prices set historic highs near  $54 a barrel Tuesday, with global supplies hounded by outages  that were thwarting efforts to build U.S. heating oil  inventories ahead of the winter.
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Oil prices hit &#36;46 on Monday after Russia's YUKOS suspended some oil exports to China and concern lingered over storm-related supply disruptions into the United States.
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Oil hit a fresh record high of &#36;75.70 a  barrel on Friday after a U.S. government report showed strong  fuel demand in the world&#039;s top oil consumer.
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Oil prices extended losses below $46 on  Tuesday in a third day of falls as a more optimistic Iraq  export picture helped unwind some of the supply worries that  have lifted the market to historic levels.
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Oil prices were hovering close to last weekâs record high today after breaking through the $50 mark again. Production problems in the Gulf of Mexico due to the impact of Hurricane Ivan continued to have
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WASHINGTON: Oil prices retreated slightly yesterday after surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.