Oil extends losses on warmer weather
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Oil fell more than 2 percent on Tuesday as warm weather thawed top consumer the United States, cutting demand for heating fuel.
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Oil prices eased below $62 on Monday, extending last week's losses, as concern over brimming global fuel inventories offset a likely second supply cut by OPEC and news of deepening Saudi export curbs.
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Battered oil prices fell again on Friday, extending this week&#39;s 14 percent slide, as disappointing US jobs data deepened a slump driven by easing worries about winter supplies.
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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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Crude oil prices fell by more than $3 yesterday after a federal government report showed larger-than-expected heating oil supplies in the US, easing fears of a shortage this winter.
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Oil extended losses for the seventh   consecutive session on Tuesday, retreating to around $65 a   barrel, after Iran sounded a softer note on its atomic program   and OPEC agreed to keep production steady for now.
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Oil extended its retreat on Thursday,  taking two-day losses to 6 percent after an unexpectedly large  rise in U.S. crude inventories spurred speculative funds to  take profits out of record high prices.
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LONDON  - Oil prices pushed higher, extending sharp gains seen late last week as cold weather forecasts for the United States and Europe rattled markets nervous about tight winter supplies.
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Oil extended its retreat from record  highs on Thursday, taking two-day losses to 6 percent after an  unexpectedly large rise in U.S. crude inventories spurred  speculative funds to take profits.
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NEW YORK: Oil prices extended a streak of losses last night as dealers anticipated that strong Opec output and recovering production in the US would boost lean stockpiles in time for peak winter heating demand.
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Oil prices extended recent heavy losses  on Wednesday ahead of weekly U.S. data expected to show fuel  stocks rising in time for peak winter demand.
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Oil prices dipped below $62 on Monday, extending last week's losses, as concern over brimming global fuel inventories offset a likely second OPEC supply cut and news of deepening Saudi export curbs.
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Oil prices fell on Monday, extending the previous session's decline, after remarks by oil producer group OPEC that it was concerned about the potential impact of high oil prices on the global economy.
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Oil extended losses for the seventh   consecutive session on Tuesday, retreating to under $64 a   barrel after Iran sounded a softer note on its atomic program   and OPEC agreed to keep production steady for now.
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Oil prices edged further below $49 a  barrel on Tuesday as the frigid U.S. Northeast looked ahead to  warmer conditions and some traders moved to the sidelines ahead  of Iraqi elections and an OPEC meeting.
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Crude oil futures fell for a fourth day on speculation that higher-than-normal temperatures in the eastern half of the US will limit heating oil needs during the northern hemisphere winter.
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Oil prices edged higher on Tuesday  following Monday's fall of nearly $3 made on rising U.S.  stockpiles and warmer-than-expected winter weather.