Unrest forces oil prices higher
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Oil futures have jumped to their highest closing on record on the New York Mercantile Exchange, rising 76 US cents to $US49.64 dollars a barrel, as unrest in Nigeria and Saudi Arabia alarmed traders.
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Oil prices have raced to new record high levels after oil majors evacuated workers in Nigeria and police clashed with suspected Islamic militants in the Saudi Arabian capital, Riyadh.
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NEW YORK - Oil prices reached a new high yesterday before retreating to close below Thursday&#39;s record level, after the Iraqi insurgency increased its pressure on the country&#39;s oil infrastructure and traders feared that growing unrest might interrupt crude ...
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Oil prices hit fresh highs on Friday,  lifting U.S. crude above $49 a barrel, driven by escalating  violence in Iraq and unabated fuel demand growth from China and  India.
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Oil prices jumped to a new record  high near $47 on Monday with traders on tenterhooks for the  result of Venezuela's weekend referendum and Iraq's exports  again disrupted by a Shi'ite uprising in the south.
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Oil prices rose for the second day in a row on Thursday as several OPEC ministers called for the cartel to stop producing more oil than its official target.
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SINGAPORE : Crude oil prices were higher in Asian trading hours on Monday after oil workers in Nigeria announced over the weekend they would launch an indefinite general strike later this month, dealers said.
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Oil prices rose for the second day in a  row on Thursday as several OPEC ministers called for the cartel  to stop producing more oil than its official target.
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Oil prices soared Friday as worries about heating fuel supplies and technical trading factors pushed prices sharply higher.
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Oil prices jumped to a new record high near &#36;47 on Monday with traders on tenterhooks for the result of Venezuela's weekend referendum and Iraq's exports again disrupted by a Shi'ite uprising in the south.
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Oil was trading higher on Monday after a  weekend of worsening conflict between Israel and Hizbollah  guerrillas, leaving traders nervous the violence could escalate  and spread across the oil-producing Middle East.
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A revolt in the African state is threatening to disrupt the country&#39;s most important export. Christian Allen Purefoy reports from Lagos on the latest conflict driving up the price of crude.
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Oil futures prices advanced to a new high Monday as a strike began in Africa&#39;s largest exporter of crude, exacerbating global supply concerns at a time of strong demand and reduced
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LONDON : Oil prices raced ahead to new record high levels in London and approached 50 dollars in New York as unrest in oil producers Nigeria and Saudi Arabia stoked supply worries, traders said.
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Crude oil prices surged to a new high Monday on supply concerns ahead of the winter, a possible petroleum-industry strike in Norway and data showing that China&#39;s big demand for oil is likely to increase.
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Oil prices surge to new highs in Asia and London amid concerns over winter fuel shortages.
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Oil prices raced to fresh highs on  Friday, carrying U.S. crude over $49 a barrel, driven by  escalating violence in Iraq and unabated fuel demand growth  from China and India.