Oil prices climb as fears over Iraq turmoil loom
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LONDON: World oil prices rose yesterday on concerns over the possibility of further unrest in major producer Iraq despite a ceasefire in Najaf, where fighting has raged for weeks, traders said.
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Oil prices surged above $47 a barrel on  Wednesday on evidence that energy costs are not substantially  slowing the economic growth that fuels oil demand and new  reports of  rebel militia attacking Iraqi oil facilities.
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Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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U.S. oil prices climbed above &#36;43 on Monday as energy companies operating in the Gulf of Mexico braced for possible widespread output disruptions from a powerful hurricane and Iraq saw some of the bloodiest violence in weeks.
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Oil prices rose on Wednesday, stemming an eight-session slide that has dragged prices down 14 percent from record highs as news emerged of a fresh pipeline fire in Iraq.
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Oil prices surged to a new high of $47 a  barrel on Wednesday on evidence from major economies that  energy costs are not substantially slowing the economic growth  that fuels oil demand. Fresh threats by rebel militia in Iraq  against oil facilities helped underpin price gains.
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Oil prices have surged to a new high of $47 a barrel after a new threat by rebel militia against Iraqi oil facilities, and as the United States says inflation has stayed in check despite rising energy costs.
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il prices climbed nearer to $50 a barrel yesterday before retreating, as traders reacted to reports on the conflict in Iraq, concerned that growing unrest might interrupt crude oil exports.
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Oil prices rise to yet another record high due to concerns over tensions between Turkey and Iraq.
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The price of oil is on the rise as fears grow that Hurricane Ivan could disrupt oil supplies from the Gulf of Mexico.
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Oil prices were forced higher today by an outbreak of violence in Saudi Arabia and concerns that Opec may cut output. The cost of a barrel of light, sweet crude oil climbed
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The price of crude oil reaches new record levels amid concerns about possible unrest in Venezuela and the threat of sabotage in Iraq.
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U.S. oil prices rose on Monday as Iraq's oil exports continued at more than 30 percent below normal after sabotage attacks on pipelines.
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Oil prices pushed above &#36;49 a barrel on Monday, approaching record levels as worries about the stability of supplies from Iraq, Nigeria and Russia compounded concerns over low fuel stocks ahead of winter.
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Oil prices pushed above $49 a barrel  on Monday, approaching record levels as worries about the  stability of supplies from Iraq, Nigeria and Russia compounded  concerns over low fuel stocks ahead of winter.
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Oil prices surged to a new high above $47 a barrel spurred by concern for the safety of oil facilities in Iraq.
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Oil prices rose on Friday as a sabotage  attack on Iraqi oil infrastructure reignited concern about the  reliability of crude exports from the country despite a peace  deal to end an uprising in Najaf.