UK oil hits record $46 a barrel
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Brent crude hits a record $46 a barrel, and US light crude hovers just below its all-time high despite reassurances over supply from Opec.
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Oil soared to a record near $81 a barrel on Monday on worries that global energy supplies could shrink to critical levels this winter heating season due to strong demand growth.
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Crude hovers around $46 a barrel amid demand from most populous country, damage reports from Ivan. LONDON  - Oil prices held above $46 a barrel Tuesday as China showed no letup in its strong demand
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Oil prices surged to record highs above  $54 on Tuesday as a fire at Nigerian export pipeline became the  latest threat to consumers' efforts to build winter heating  fuel inventories.
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Oil prices have continued their record-breaking run on Wednesday, busting through the $47-mark amid concerns that demand will outstrip supply.
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Oil prices hit $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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London - Oil prices roared to new record highs yesterday, within a whisker of $51 a barrel, on worries about supplies from the Gulf of Mexico, where almost 30 percent of production remains shut.
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Oil prices have pushed above $49 a barrel, approaching record levels as worries about the stability of supplies from Iraq, Nigeria and Russia compound concerns over low fuel stocks ahead of winter.
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Oil prices hit a new record near $51 a barrel yesterday as a prolonged US production outage following Hurricane Ivan attracted fresh speculative buying.
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Oil prices jumped to record highs  above $54 on Tuesday as supply hitches hindered efforts to  build winter heating fuel inventories. They later shed more  than a $1 a barrel as traders took profits from the surge.
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Oil prices set a new record at $53 a  barrel on Thursday on concerns over tight winter heating fuel  supplies and news that a strike in Nigeria could put some crude  exports on hold.
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Crude oil broke through the record $54 (US) a barrel level briefly before falling sharply yesterday as no new shocks threatened to disrupt global supplies and traders took profits.
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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 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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Oil prices hit fresh records on Monday, pushing London Brent crude above $50 for the first time and extending a relentless rise that has added around 65 percent to the cost of crude this year.
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Oil prices struck a fresh record just  under $49 a barrel on Thursday, spurred higher by renewed  violence in Iraq and fresh evidence that strong demand growth  in China and India has not been slowed by higher energy costs.
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US light crude climbed to $49.36 a barrel, up 48 cents and just four cents below the record high set in late August at $49.40. In London, Brent crude oil futures in surged to a new peak of $45.