Oil sets new record high
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Oil prices have hit a new record near $51 a barrel as a prolonged US production outage following Hurricane Ivan attracted fresh speculative buying.
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Oil surges to a record of nearly $79, despite Opec saying it will boost oil output to ease cost pressures.
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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.
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Oil surged to a record high above $81 a barrel on Tuesday, drawing strength from concerns of a winter supply squeeze in the world's top consumer where an anticipated interest rate cut is calming recession fears.
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NEW YORK -- Oil prices have moved to fresh record highs of almost $47 a barrel on concerns about potential supply disruptions in Russia and Iraq.
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NEW YORK, October 18  - Crude oil prices increased to new record high levels for the third consecutive day, reaching $55.
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Oil prices struck another record high on Thursday and remained supported above &#36;47 by a fall in U.S. crude stockpiles and threats by insurgents in Iraq against oil facilities.
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Oil leapt to a record high for a third  day on Monday, surpassing $93 as Mexico briefly halted  one-fifth of its production and the U.S. dollar struck new  lows.
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NEW YORK - A fresh surge in oil prices set a new trading record and threatened to push past $50 per barrel Monday, unnerving investors and sending stocks lower.    After setting a new all-time record settlement price of $48.88 on Friday, oil continued its march higher on Monday, creating new worries on Wall Street that the slowdown in profits and the economic recovery would extend through the end of the year due to high energy costs...
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Crude oil prices surged to a record, exceeding $51 a barrel in New York for the first time, amid concern that hurricane damage to production platforms in the Gulf of Mexico will keep supplies from rising enough to meet winter needs.
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Oil prices struck a fresh record high  above $47 a barrel on Thursday as fresh evidence of demand  growth in China and India underlined how rising appetite for  oil is straining the world's supply system.
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Oil prices hit a new record near $51 a  barrel on Tuesday as a prolonged U.S. production outage  following Hurricane Ivan attracted fresh speculative buying.
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Oil prices rose to record highs on  Monday, pushing crude in London 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 soared to a record above $80 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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Oil leapt to a record high for a third day on Monday, surpassing $93 as Mexico briefly halted one-fifth of its production and the dollar struck new lows.
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Oil prices struck a fresh record above  $48 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 yet by higher energy costs.
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NEW YORK -- Oil futures rose to a new record of $100.09 a barrel Thursday after the government reported a larger-than-expected decline in crude oil inventories and an unexpected rise in heating oil supplies.