Oil, gas rise on storms forecast
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NEW YORK - Oil and gas futures rose yesterday on expectations the hurricane season will intensify and OPEC won't raise output when it meets next week.
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Stocks ended barely higher  on Tuesday  as oil prices rose and investors tried to anticipate the  economic fallout from Hurricane Ivan as it moved through the  Gulf of Mexico toward a possible landfall in the United States.
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Oil prices jumped above $75 a barrel on Tuesday after a top U.S. hurricane forecaster called for a busy end to the Atlantic storm season, raising concerns over potential disruptions to oil and gas production.
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Oil prices jumped again Tuesday as Hurricane Ivan charged towards the oil-rich Gulf of Mexico and an explosion rocked Iraq&#39;s recovering oil industry.
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Rallying oil prices climbed to within a dollar of &#36;50 a barrel early on Monday as a blizzard enveloped the U.S. Northeast, boosting demand for heating oil.
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World oil prices are on the rise, as Hurricane Ivan threatens to disrupt oil flow in the Gulf of Mexico.
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WASHINGTON -- Oil prices rose yesterday despite reports that refineries along the Gulf Coast and production platforms in the Gulf of Mexico which had been shut down were being restaffed as Hurricane Ivan proved less disruptive than feared.
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Oil rose for a third day on Tuesday,   climbing to around $64 after a fresh delay to BP's giant   Thunder Horse oilfield in the Gulf of Mexico underscored the   difficulty in meeting future demand growth.
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Crude oil rose for a second day on concern about the loss of production and possible damage from Hurricane Ivan, which passed just east of most Gulf of Mexico production platforms.
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Crude oil rose for a second day on forecasts that colder-than-normal weather will boost demand in the eastern US, where most of the nation&#39;s heating oil is used.
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World oil prices rose on Thursday as Hurricane Ivan reached the U.S. Gulf Coast, having shut more than 1 million barrels of daily output in the Gulf of Mexico and 13 percent of refining capacity in the United States.
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World oil prices shot higher on Monday  as companies operating in the Gulf of Mexico braced for output  disruptions from powerful Hurricane Ivan.
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DALLAS (CBS.MW) -- Oil and gas field operators in the Gulf of Mexico and onshore refiners said Thursday the weather is now calm enough to begin the arduous task of damage assessments after Hurricane Ivan steamrolled through the region.
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NEW YORK - A surge in oil prices and a disappointing report on retail sales prompted investors to cash in some profits Tuesday, keeping stocks narrowly mixed.    With Hurricane Ivan threatening oil rigs in the Gulf of Mexico, crude futures moved higher for the second straight day, renewing investors' fears of a further drop-off in consumer spending due to higher gasoline prices...
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Oil prices bounded higher for the fourth day in a row Tuesday, with traders expecting further declines in the nation&#39;s supply as petroleum producers disrupted by Hurricane Ivan continue to regroup.
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NEW YORK - A surge in oil prices and a disappointing report on retail sales kept stocks narrowly mixed in light trading Tuesday as many investors stayed on the sidelines.    With Hurricane Ivan threatening oil rigs in the Gulf of Mexico, crude futures moved higher for the second straight day, renewing investors' fears of a further drop-off in consumer spending due to higher gasoline prices...
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Oil prices edged upward Wednesday in anticipation of a report showing declines in U.S. crude and gasoline supplies.