Oil: Price ends lower after jump over US$54
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NEW YORK - Oil prices jumped to record highs above US$54 on Tuesday as supply hitches hindered efforts to build northern hemisphere winter heating fuel inventories.
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Oil prices flew back above $54 a barrel on Wednesday as a fresh fall in US heating oil stocks stoked worries over winter supplies.
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The price of US crude oil has eased in early trade, after breaching the $50-a-barrel mark on Friday. Light sweet crude for November delivery fell 42 cents from Friday&#39;s $50.
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Oil prices eased on Monday as top world exporter Saudi Arabia slashed prices for its crude sales to the United States and Europe in an effort to shift the large volumes it is offering to cool world markets.
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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 over a  $1 a barrel as traders took profits from the surge.
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SINGAPORE : Crude oil prices slipped below US$50 a barrel in Asian trading on Tuesday as the market waited for the outcome of the US presidential elections, dealers said.
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Oil prices dropped from record highs  above $50 a barrel on Wednesday as the U.S. government reported  a surprise increase in crude stocks and rebels in Nigeria's  oil-rich delta region agreed a cease-fire.
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US oil prices slid half a dollar to below $44 a barrel on Monday as warmer-than-expected weather in the United States was expected to curtail demand.
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SINGAPORE - Crude oil pushed back through the $54 threshold on Thursday after a pipeline explosion in Mexico stirred supply fears, but it eased slightly in the early afternoon.    A continuing strike in Africa's largest producer, Nigeria, also affected prices as traders waited anxiously for key U.S...
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Oil prices surpassed $54 a barrel Tuesday due to nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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LONDON, United Kingdom -- Oil prices fell back from record highs Monday, ducking below 50 dollars in New York as fears of disruption to supplies from Nigeria receded after a peace deal between rival gangs in the oil-rich Niger Delta.
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World oil prices ended lower on Monday  despite notching a record high earlier in the day as the  Norwegian government moved to end an oil workers' labor dispute  that threatened shipments from the world's third largest  exporter.
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WASHINGTON: Oil prices retreated slightly yesterday after surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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Oil prices fell on Friday as U.S. economic concerns mounted and traders took profits from a rally this week that sent prices to near record levels. U.S. crude settled down 62 cents at $96 a barrel, after trading as high as $97.92. London Brent settled 90 cents lower at $93.88 a barrel.
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U.S. stocks were lower on Wednesday as  oil prices jumped back above $54 a barrel after the government  reported a smaller-than-expected increase in crude oil  inventories and a few blue-chip companies disappointed  investors with their earnings and outlooks.
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NEW YORK Oil prices have skidded below 48 dollars a barrel after the US government reported increases in the nation&#39;s supply of crude oil and distillate fuel, which includes heating oil.
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Oil prices have moved above $54 a barrel after the government reported a decline in the supply of distillate fuel, which includes heating oil.