US data don&#39;t reflect oil rise
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US consumer prices rose by 0.2% last month, a US government report showed this afternoon, but the core inflation rate rose at its fastest pace in five months.
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Oil rose more than $1 to over $61 a barrel on Thursday after U.S. government data showed a sharp fall in fuel supplies last week.
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NEW YORK - Oil prices climbed to within a dollar of a new record on Wednesday after the US government reported a big decline in oil stockpiles because of disruptions from Hurricane Ivan.
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NEW YORK -- Oil prices rose yesterday, reversing seven days of declines after the US government reported a decrease in the nation's crude inventories.
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Crude oil futures were little changed after surging 4.5 percent yesterday, the biggest increase in two months, as the US Energy Department reported a bigger-than- expected decline in the country&#39;s oil supplies.
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New York - Oil prices rose sharply Wednesday following the release of a US government report that said crude supplies fell by more than expected last week due to disruptions caused by Hurricane Ivan.
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Oil prices rose on Wednesday as a U.S. government report showed heating fuel stocks in the world's largest energy consumer remained tight ahead of the winter, despite a small build in distillate supplies.
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Oil prices held steady near $47 a  barrel on Wednesday, a day after setting another record when  the U.S. government said inflation has stayed in check despite  rising energy costs. Weekly data expected to show a drop in  U.S. crude inventories also helped support prices.
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LONDON: Oil prices extended record-setting highs above US$51 for US crude yesterday, led by worries over the impact of Hurricane Ivan on US winter fuel stocks.
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LONDON : Oil prices rose slightly a day after renewed concerns over heating oil stocks in the United States brought a halt, even if temporary, to a sharp slide in prices in recent weeks.
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WASHINGTON -- Oil prices shot up above $48 US per barrel yesterday after the US government reported that supplies shrank more than expected following production and shipping disruptions caused by hurricane Ivan.
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Indexes are up so far this week, but another record oil price could put some of those gains at risk. NEW YORK (CNN/Money) - US stock markets were set for a little slip at Friday&#39;s open, but it would take a
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Oil climbed above $61 to its highest this year on Friday after top fuel consumer the United States reported an unexpected drop in gasoline stocks and Iran said it would show 'no weakness' over its nuclear program.
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Oil prices climbed toward &#36;47 a barrel on Thursday after bullish fuel stocks data in the United States and a series of production hitches across the globe rekindled worries of a major supply disruption.
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SEPTEMBER oil prices rose yesterday on US economic data showing that inflationary pressure was held in check in July. However, continued disruption in Iraqi supplies and strong world fuel demand and ongoing trouble at Russian oil giant Yukos underpinned ...
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US stockpiles of crude oil rose by 1.1 million barrels last week, the government reported Wednesday, coming in at half of what analysts had expected.
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WASHINGTON -- Oil prices fell by more than $1 a barrel yesterday after the US government released data showing healthy crude inventories and a surge in domestic fuel supplies .