Crude oil prices slide below US$50 a barrel in Asian trading
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SINGAPORE : Crude oil prices slipped below US$50 a barrel in Asian trading on Tuesday as the market waited for the outcome of the US presidential elections, dealers said.
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Crude oil prices dropped below $60 a barrel for the first time in six months on Monday before rebounding a bit.
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Oil prices edged lower in thin early  trade on Wednesday, keeping within sight of $50 a barrel on  supply worries in the United States, where weekly data is  expected to show a draw in distillate inventories.
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Crude oil prices fell below 51 dollars a barrel Thursday as supply concerns ahead of the winter eased after an high rise in US inventories.
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Oil edged lower on Friday to around $59 a barrel after tumbling on a build in crude stocks, but trade was muted by a U.S. holiday.
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Oil futures retreated below $50 a barrel yesterday, though analysts said there is enough uncertainty about geopolitics and weather -- and the industry&#39;s
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US oil prices hovered just below $50 a barrel on Tuesday, holding recent gains on a rash of crude supply outages and fears over thin heating oil tanks.
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Oil futures retreated below $50 US a barrel Monday, though analysts said there is enough uncertainty about geopolitics and weather - and the industry&#39;s ability to boost crude oil output quickly - to keep prices from plummeting anytime
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CRUDE oil futures eased below $US46 a barrel in Asia today as traders awaited the weekly US crude inventory report, which has helped bring down prices in recent weeks by showing a recovery in supplies.
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Oil prices hugged the $51 mark in early Asian trade Wednesday, ahead of a key report in Washington on the level of commercially available oil in the United States - the world&#39;s largest consumer of crude.
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Crude oil extended its retreat on Monday from a 21-year high near &#36;50 a barrel, lifting most Asian shares and giving investors some respite from concerns that energy costs would choke off profits and economic growth.
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Crude oil prices tumbled again Monday, sliding to an 8-week low, under $46 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch.
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US oil prices slid half a dollar to below $44 a barrel on Monday as warmer-than-expected weather in the United States was expected to curtail demand.
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Oil prices held below $50 on Wednesday as a fresh jump in US crude oil inventories tempered the impact of President George W. Bush&#39;s move towards victory in the US election.
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Crude oil prices hovered close to their all-time high of US$53.80 in Asia on Tuesday, fueled by continuing worries over supply in Nigeria and reduced output in the hurricane-hobbled Gulf of Mexico.
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Crude oil prices eased slightly in early morning Asian trade Monday after pushing above the psychologically important $50 mark for the first time last week.
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WASHINGTON - Crude oil prices soaring to nearly $50 a barrel have heightened concerns that sustained high energy costs could drag the slowing US and world economies into a more serious downturn.