Oil Prices Hit New Record High
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Crude oil prices closed at a new record high, extending the recent rally to seven sessions, as traders weighed the impact of the Energy Department&#39;s decision to use the nation&#39;s Strategic Petroleum Reserve to offset lost production as a result of
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Oil prices broke into fresh record territory above $52 on Thursday on heightened concerns over tight winter heating fuel supplies.
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Oil surges to a record of nearly $79, despite Opec saying it will boost oil output to ease cost pressures.
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Oil rallied to a fresh record high above  $92 a barrel on Friday as the dollar tumbled to a record low,  Washington imposed new sanctions on Iran and gunmen shut more  oil production in Nigeria.
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THE cost of oil soared to a record $US49.64 a barrel today as unrest in Nigeria and Saudi Arabia alarmed traders. Oil futures jumped to their highest closing price on record on the New York Mercantile Exchange.
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Oil prices hit another record on  Friday, trading as high as $53.40 a barrel, on supply worries  ahead of a planned oil worker strike in Nigeria and delays in  post-Hurricane Ivan U.S. output recovery efforts.
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Oil prices struck a fresh record high  above $47.50 a barrel on Thursday as fresh evidence of demand  growth in China and India underlined how rising appetite for  oil is straining the world's supply system.
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Oil prices struck a fresh record just  under $49 a barrel on Thursday, spurred higher by renewed  violence in Iraq and fresh evidence that strong demand growth  in China and India has not been slowed by higher energy costs.
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Oil prices roared up to fresh record  highs on Thursday to end near $55 a barrel, as the U.S.  government reported another fall in heating fuel stocks ahead  of winter.
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Oil hit a record high above $79 a barrel  on Wednesday, propelled by an unexpectedly large drop in U.S.  crude oil stocks that coincided with only a small output  increase from OPEC ahead of peak winter demand.
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NEW YORK, October 18  - Crude oil prices increased to new record high levels for the third consecutive day, reaching $55.
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ARIS, Aug. 20  Oil prices hit a new record today after the Iraqi insurgency increased its pressure on the country&#39;s oil infrastructure and traders feared growing unrest might interrupt crude exports.
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Oil prices surge to new highs in Asia and London amid concerns over winter fuel shortages.
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Oil prices approach record highs as the weak dollar and more worries about supply inflate prices.
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Oil prices surged to record highs above  &#36;78 on Friday as global geopolitical storm clouds gathered,  with supply disruption in OPEC exporter Nigeria and tensions  across the Middle East driving crude into unchartered  territory.
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Oil prices jumped to a new record  high near $47 on Monday with traders on tenterhooks for the  result of Venezuela's weekend referendum and Iraq's exports  again disrupted by a Shi'ite uprising in the south.
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U.S. crude prices rose to another new record on Thursday, rising 25 cents to &#36;47.52 a barrel on evidence that high prices are not hurting world oil demand growth.