Oil prices at high on Norway fear
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Oil prices hit fresh record levels after Norwegian ship owners threaten to cut off supplies from the world's third biggest exporter.
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Oil prices surged to a new high of $47 a barrel on Wednesday on evidence from major economies that energy costs are not substantially slowing the economic growth that fuels oil demand. Fresh threats by rebel militia in ...
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NEW YORK, October 25  - Crude oil prices increased to new record high levels at $55.63 per barrel today, driven by concerns surrounding a potential disruption in supplies due to a shipping strike in Norway, the world&#39;s third-largest oil
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The price of oil is on the rise as fears grow that Hurricane Ivan could disrupt oil supplies from the Gulf of Mexico.
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LONDON : Oil prices bolted higher on fears of disruption to production and import activity in the Gulf of Mexico because of Hurricane Ivan, traders said.
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OSLO - Norwayâs oil production faces a crisis in mid-November with a threat by oil sector groups on Monday to stage a lock-out to end industrial action which has weighed on the industry since July.
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Oil prices hit fresh record highs above  $51 a barrel Wednesday, whipping up worries that high prices  could hit economic growth and weighing on European shares that  were dented by downbeat news from AstraZeneca.
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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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TORONTO (CP) - Stock markets gave up more ground Monday morning as the threat of a labour dispute in the Norwegian oil industry added to investor jitters and sent the price of oil to fresh record highs.
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Oil prices head back toward record highs on concerns about supply ahead of the cold winter months.
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World oil prices briefly scaled a new high above $55 a barrel on Monday before falling back as the Norwegian government moved to end a strike that had threatened the country&#39;s energy output.
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Crude oil prices rose for the second day Thursday as traders worries that the Organization of Petroleum Exporting Countries (OPEC) might trim excess oil output.
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Oil scaled a new high above $55 a barrel Monday as a threat by Norwegian ship owners to halt production from the world&#39;s third biggest exporter stoked fears of a winter supply crunch.
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WASHINGTON - Oil prices cruised above $55-a-barrel yesterday as concerns about the global supply of winter fuels persist ahead of the Northern Hemisphere winter.
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The sharp rise in oil prices which recently creeps towards $60 per barrel has put many energy industries and those reliant on energy on the edge for fear of the adverse affects of escalating prices.
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World oil prices bolted up to new record summits beyond 52 dollars on markets nervous about tight global supplies with winter looming in the northern hemisphere.
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Oil prices today hit a new high amid fears over low fuel stocks as winter approaches and renewed concern about the security of supplies.