Oil at 3-Month Low, Off $8 in 7 Sessions
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Oil prices hit a new three-month low on Wednesday as mild winter weather in the United States and expectations of a rise in heating fuel stocks kept downward pressure on the market.
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U.S. oil prices touched a new  three-month low on Wednesday as mild winter weather in the  United States and expectations of a rise in heating fuel stocks  kept the downward pressure on the market.
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Oil fell a dollar on Wednesday to the   lowest level in more than three months as robust U.S.   inventories at the end of the summer driving season further   dulled bullish sentiment.
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Oil prices slid more than a dollar to  7-week lows on Tuesday as growing signs of ample supply ease  concerns over fuel stocks for the northern winter.
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Crude oil futures tumbled below $48 US a barrel Tuesday, closing at their lowest level in seven weeks, on rising expectations that the US supply of transport and home-heating fuels will be adequate this winter.
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Oil futures prices sank to their lowest level in nearly a month yesterday on a continuation of the sell-off sparked last week by rising US supplies of crude
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Oil prices fell more than a dollar to a  three-month low on Tuesday as mild winter weather sapped demand  in the heavy energy consuming U.S. northeast.
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Oil prices ticked lower on Thursday for the third day in a row as rising U.S. gasoline supplies countered a surprise drop in crude inventories in the world's largest energy consumer.
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Oil prices came within a whisker of  retesting a near six-month low of $63 on Friday as supply  worries eased, knocking gold to three-month lows and dragging  resource shares such as Japan's INPEX lower.
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Oil fell below $61 a barrel on Tuesday, extending a 3 percent drop in the previous session, as forecasts for a further build in fuel stocks in the United States offset slight cuts in OPEC output.
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LONDON: Oil prices fell to seven-week lows below $47 a barrel on Wednesday as traders braced for another increase in US oil and natural gas inventories.
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Oil prices hit a new three-month low on  Wednesday as mild winter weather in the United States and  expectations of a rise in heating fuel stocks kept downward  pressure on the market.
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Oil prices fell below $87 a barrel on Wednesday as stock markets declined further, shrugging off a temporary reprieve from Tuesday's steep cut in U.S. interest rates amid persistent fears of a global economic slowdown.
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Oil prices fell on Monday to an 8-week  low under $47 a barrel, as growing fuel stocks in the United  States eased fears of a winter supply crunch.
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Oil fell below $88 a barrel on Wednesday  as stock markets declined further, shrugging off a temporary  reprieve from Tuesday's steep cut in U.S. interest rates amid  persistent fears of a global economic slowdown.
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Oil fell below $93 per barrel Monday in thin trade as mild weather swept across the key heating regions of the United States, cutting fuel demand.
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Oil steadied at below $69 a barrel on   Wednesday, hovering near its lowest in three and a half months   as dealers feared oil stocks may quickly build up now that the   northern hemisphere summer season has ended.