Oil Prices Up Ahead of Northern Winter
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Oil prices rose on Friday as tight supplies of distillate fuel, including heating oil, ahead of the northern hemisphere winter spurred buying.
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Crude oil futures rose above 55 dollars a barrel Friday as concerns about the global supply of heating oil persisted ahead of winter in the Northern Hemisphere.
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Oil prices rose for the fourth out of the last five sessions Thursday as low stocks of heating fuel in all major consuming regions fostered supply concerns ahead of winter.
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Oil prices rose on Friday as worries a  cold spell in the United States could erode already depleted  winter fuel inventories spurred the market higher.
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Oil rose on Tuesday, adding to sharp gains made the previous session on expectations that a cold spell in the U.S. Northeast this weekend would boost demand in the world's biggest heating oil market.
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Oil surged $1, toward $60, on Tuesday on expectations the coldest weather of the U.S. winter would cut heating oil stocks in the world's top energy consumer.
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Oil prices ticked higher on Tuesday, holding above &#36;42 a barrel as dealers awaited signs of any renewed cold snap that would revive demand for winter heating fuels in the United States.
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Crude oil prices surged to a new high Monday on supply concerns ahead of the coming winter, a possible petroleum-industry strike in Norway and data showing that China&#39;s big demand for oil is likely to increase.
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Oil prices broke above $55 a barrel on  Tuesday as concern lingered over thin world heating oil  supplies ahead of the northern winter.
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Oil prices rose sharply on Friday as  worries a cold spell in the United States could erode already  depleted winter fuel inventories spurred the market higher.
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Oil prices rose Monday as a gas leak  closed a large Norwegian North Sea oil field and the threat of  a colder-than-normal U.S. winter fueled worries about low  heating oil stocks.
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Oil rose on Thursday as forecasts for  colder weather in the giant U.S. Northeast heating oil market  overcame worries over the economic health of the world's top  consumer.
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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 edged higher yesterday, lifted by chilly weather across the Midwest and Northeast that is boosting the demand for heating fuel.
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Rallying oil prices climbed to within  a dollar of $50 a barrel early on Monday as a blizzard  enveloped the U.S. Northeast, boosting demand for heating oil.
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Oil prices ticked higher on Tuesday,  holding above $42 a barrel as dealers awaited signs of any  renewed cold snap that would revive demand for winter heating  fuels in the United States.
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Oil prices climbed to a seven-week high above &#36;49 a barrel on Tuesday as a cold front swept into the U.S. Northeast, stoking winter fuel demand.