Oil Prices Fall as Concerns About Supply Begin to Ease
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Oil prices fell to a four-week low yesterday, briefly dropping below $50 a barrel, as traders grew less concerned about possible threats to supplies.
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Oil prices edged lower in thin early  trade on Wednesday, keeping within sight of $50 a barrel on  supply worries in the United States, where weekly data is  expected to show a draw in distillate inventories.
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LONDON : Oil prices declined in opening deals as supply fears receded after Iraq resumed oil exports through its southern pipelines and speculative activity dwindled, analysts said.
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Oil prices eased on Monday after rebels  in Nigeria withdrew a threat to target oil operations, but  lingering concerns over stretched supplies ahead of winter kept  prices close to $50.
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Oil prices eased on Thursday, trimming gains from a $1 rally the previous day following President George W. Bush&#39;s US.election victory.
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Oil prices dropped more than two   dollars Tuesday, resuming the steepest slide in more than a   decade as high inventories eased supply worries ahead of winter   and countered concern over simmering geopolitical tensions.
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Oil prices eased on Wednesday ahead of  weekly U.S. inventory data that is expected to show the first  build in distillate fuel supplies for 10 weeks.
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Oil prices continue to slide amid fears that a US recession will weaken global demand for crude.
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Oil prices dropped by nearly $1 a barrel yesterday as traders focused on a halt in the dollar's decline, weak manufacturing data, and expectations of mild weather next week, which sent natural gas and heating oil futures sharply lower, too.
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Oil prices slipped toward $54 a  barrel on Tuesday as traders breathed easier after a Norwegian  strike threat receded but remained anxious over the thin state  of global pre-winter heating oil supplies.
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Oil prices eased on Monday after  rebels in Nigeria withdrew a threat to target oil operations,  but lingering concerns over stretched supplies ahead of winter  kept prices close to $50.
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Oil prices slid to 7-week lows on  Tuesday as growing signs of ample supply eased concerns over  fuel stocks for the northern winter.
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Oil prices eased on Friday as swelling  crude stockpiles countered worries over a cold snap in the U.S.  Northeast that is expected to keep furnaces fired up until the  middle of next week.
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Oil prices eased on Tuesday as milder  weather in the immediate term quelled concerns about thin fuel  stocks, though the market remained nervous about possible  supply disruption in the Middle East and Russia.
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The price of crude oil falls by more than a dollar in New York, as mild weather in northern US states eases demand for heating oil.
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Oil prices fell $1 on Tuesday as an  expected increase in U.S. heating fuel supplies eased concerns  over an inventory crunch should this winter's weather prove  colder than normal.
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World oil prices eased on Thursday as  signs of strong supply on physical crude markets encouraged  dealers to take profits from a bounce in the previous session.