Disruptions by Hurricane Ivan Send Oil Prices Rising Again
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Oil prices surpassed $47 a barrel yesterday, and further declines in the nation&#39;s supply are expected in the short term as petroleum producers disrupted by Hurricane Ivan continue to regroup.
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Worries that Hurricane Ivan will hurt oil production in the Gulf of Mexico boosted oil prices Tuesday. In mid-morning New York trading, oil for future delivery hit $44.
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Oil prices climbed to within a dollar  of a new record on Wednesday after the U.S. government reported  a big decline in oil stockpiles because of disruptions from  Hurricane Ivan.
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Another increase in oil prices due to concerns over Hurricane Ivan&#39;s effect on oil exploration in the Gulf of Mexico didn&#39;t have a large impact on trading.
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World oil prices shot higher on Monday  as companies operating in the U.S. Gulf of Mexico braced for  output disruptions from powerful Hurricane Ivan.
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US oil prices have surged above $48 per barrel as production and shipping disruptions caused by Hurricane Ivan cause domestic supplies to shrink more than expected.
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NEW YORK : The latest twists and turns from Hurricane Ivan prompted renewed concerns Monday about oil production in the Gulf of Mexico, pushing futures prices sharply higher on global markets.
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LONDON : World oil prices sprinted up to new one-month high points as traders showed alarm at a steep fall in US crude oil inventories in the wake of Hurricane Ivan.
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Oil prices extended record-setting highs  close to $52 a barrel for U.S. crude on Wednesday, fueled by  the impact of Hurricane Ivan on U.S. winter inventories.
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World oil prices are on the rise, as Hurricane Ivan threatens to disrupt oil flow in the Gulf of Mexico.
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Hurricane Ivan blew oil prices back  above $44 a barrel on Tuesday, fueling fears of disruption to  supplies and giving European investors an excuse to take  profits from stock markets at 10-week highs.
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Hurricane Ivan spared the critical Gulf Coast refining belt, but oil prices rose anyway Thursday on fears a new storm brewing in the Caribbean will delay tankers carrying imported crude to US ports.
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Oil rose to an all-time high of $80.20 on Thursday after Hurricane Humberto forced the closure of some U.S. Gulf refiners and stoked concerns of fuel shortages this winter.
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US average retail gasoline prices are again approaching $2 a gallon, reaching a four-month high amid record high crude oil prices and the effects of Hurricane Ivan, a leading industry analyst said on Sunday.
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Hurricane Ivan, with winds near 140 mph, pushed oil prices higher today as it moved through the Gulf of Mexico on a path that may bring it ashore between Louisiana and Florida by Thursday.
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Oil prices headed up toward &#36;45 a barrel on Wednesday as Hurricane Ivan shut 60 percent of crude output in the Gulf of Mexico and at least five refiners along the U.S. coast planned to close as a precaution.
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Oil prices hurdled $47 a barrel Tuesday, with further declines in the nation&#39;s supply expected in the short-term as petroleum producers disrupted by Hurricane Ivan continue to regroup.