August Import Prices Drop 0.3% on Petroleum
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It was the first fall in overall import prices, or in the cost of imported petroleum, since January.
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A key gauge of future economic  activity weakened for a third straight month in August as  costlier oil spread worry among consumers and businesses, a  report from a business research group showed on Thursday .
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Crude oil was little changed in London after a three-day slump fueled by the biggest rise in US fuel inventories in four months. Oil prices in London had fallen about $5 a barrel since
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US inflation growth dips to 0.2% in August, down from July's 0.4% rise, as energy prices cool significantly.
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World oil prices plummeted to a near three-month low on Thursday, capping a two-day, 12-percent plunge as fear of a global energy supply crunch evaporated.
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Oil prices fell 3.5 percent to a  three-month low on Tuesday as mild winter weather sapped demand  in the U.S. Northeast, the world's largest heating oil market.
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Average retail gasoline prices have   fallen significantly in the past two weeks as crude dropped by   more than $5.00 a barrel and the summer driving season came to   an end, according to the nationwide Lundberg survey.
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Crude oil prices fell Friday to the lowest in more than four months as traders regarded Organization of Petroleum Exporting Countries&#39;(OPEC) production cut as a too conservative measure.
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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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SAN FRANCISCO (CBS.MW) - The average price of gasoline fell nearly 3 cents per gallon for the first time in two months, according to a national survey released Sunday.
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Oil prices fell below $48 US a barrel Wednesday after the US government reported increases in the US supply of crude oil and distillate fuel, which includes heating oil.
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September 17, 2004 -- Consumer prices rose only 0.1 percent in August, led by a decline in gas and car prices, according to a report released by the Labor Department on Thursday.
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Britain&#39;s inflation rate dropped to 1.3% in August as lower clothing prices helped to keep it well below the Bank of England&#39;s target, official figures showed today.
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WASHINGTON -- Consumer prices in August fell for the first time in 10 months, as another big drop in energy costs offset higher food prices.
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US gasoline prices fell about 3 cents in the past two weeks to an average of $2.01 per gallon as worldwide supplies of crude oil increased, an industry analyst said yesterday.
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LONDON  - Oil prices continued to spiral lower, hitting near three-month low points in New York following a rise in US petroleum stockpiles and signs OPEC will refrain from announcing output cuts next week.
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A key gauge of future economic activity weakened for a third straight month in August as costlier oil spread worry among consumers and businesses, a report from a business research group showed on Thursday .