Oil inventory rise less than forecast
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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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NEW YORK -- Oil and gas futures rose Tuesday on expectations the hurricane season will intensify and that OPEC won't boost production when it meets next week.
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World oil inventories are continuing to  rise but stronger-than-expected demand growth means the  stockbuild will be smaller than previously thought, the OPEC  oil cartel said on Friday.
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Crude oil futures briefly climbed back  over $50 a barrel on Thursday, with worries over the security  of Nigerian supplies supporting prices despite a surprise  increase in U.S. crude inventories.
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Oil prices jumped from a four-month low  on Wednesday as slow growth in U.S. heating fuel inventories  heightened fears for tight winter supplies.
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SAN FRANCISCO (AFX) -- Crude-oil futures climbed back toward $54 a barrel, with traders eagerly awaiting weekly petroleum data to find out how the recovery in the Gulf of Mexico has affected US oil and natural-gas inventories.
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Crude oil futures rose for a second day after surging more than $2 a barrel yesterday when the government reported a decline in US heating-oil inventories and as below- normal temperatures this week boosted demand.
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LONDON  - Oil prices rose over worries about a possible supply shortage of US heating oil stocks during the northern hemisphere winter.
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Oil prices rose amid expectations a report will show U.S. crude stockpiles fell last week to post the seventh straight decline in inventories for the worldâs largest energy consumer.
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Oil climbed towards $94 a barrel on Thursday, supported by a smaller-than-expected rise in U.S. crude stocks as imports slowed and refiners revved up.
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Oil prices jumped a dollar on Thursday  after the U.S. government said crude stocks fell to a fresh  five-month low last week and distillate fuel inventories barely  grew ahead of winter.
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Oil prices drifted around &#36;47 a barrel early on Wednesday, well off recent peaks as traders braced for another increase in U.S. crude oil inventories.
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U.S. stocks rose  on Wednesday as oil prices stayed below &#36;50 a barrel ahead of weekly crude inventory figures and U.S. consumer sentiment improved slightly in November.
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Oil futures prices rose more than $1 a barrel in a volatile trading session yesterday after a government report showed a sharp rise in US crude supplies and tightening inventories of heating oil.
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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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Oil prices edged higher on Wednesday ahead of weekly U.S. inventory data expected to show a fall in crude stockpiles but rising product tanks.
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Oil prices traded marginally lower on Wednesday ahead of key U.S. data, which was expected to show a rise in heating fuel supplies as mild winter temperatures suppressed demand in the United States.