Crude oil prices fall on expectation of milder weather
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Crude oil prices fell sharply Monday as traders speculated temperatures in the eastern half of the United States would limit heating oil needs.
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OIL prices fell again yesterday as forecasts of mild weather in the United States prompted traders to take profits from a rally that has added more than 30 per cent to the cost of crude this year.
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Oil prices fell 5 percent on Monday as forecasts of a return to mild winter weather in the US Northeast eased worries about heating oil suppplies.
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Oil prices fall by more than $1 a barrel on forecasts that US weather will become milder in March.
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Oil prices fell slightly on Wednesday  ahead of an expected build in U.S. crude and product  inventories, but remained strong above $48 a barrel on colder  weather in the northern hemisphere.
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Oil prices fell 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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Crude oil prices have dipped in New York, sliding as much as two dollars to around $50 a barrel. That&#39;s extending declines seen last week despite concerns that a planned strike in Nigeria could affect output.
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Oil prices fell on Thursday on expectations that the United States might loan some crude to U.S. refiners from its strategic petroleum reserve after weather-related disruptions led to a big dip in supplies.
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Crude oil prices fell sharply Monday as traders speculated that temperatures in the eastern half of the United States would limit heating oil needs.
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Oil prices edged lower on Thursday,  adding to a near 2 percent sell off the previous day caused by  a smaller-than-expected drop in U.S. heating fuel inventories.
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Singapore: Crude oil prices slipped below 46 dollars a barrel in Asian trade today on increasing hopes of adequate heating fuel supply during the northern hemisphere winter, dealers said.
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Oil prices eased on Wednesday on mild  U.S. weather as traders waited to see whether the first cold  snap of the U.S. winter has eaten into low heating fuel  supplies.
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Oil prices traded marginally lower on  Wednesday ahead of key U.S. data, which was expected to show a  rise in heating fuel supplies as mild winter temperatures  suppressed demand in the United States.
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Oil prices fell Thursday, failing to top the $100-a-barrel mark, despite a larger-than-expected fall in crude inventories.
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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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Crude futures fell by nearly $ 3 a barrel as traders anticipated warmer weather in the US Northeast later in the week and responded to weekend snowstorms.
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US oil prices slid more than half a dollar to below $44 a barrel on Monday as unusually mild winter weather in the United States curtailed demand.