Brent crude price soars to record high above 86 dollars
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The price of Brent crude oil struck an historic peak of 86.28 dollars per barrel in trading here Thursday on renewed concerns over tight global energy supplies.
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Brent crude, London's benchmark oil price, sets a new record of $47.42 a barrel in the face of US production problems.
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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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Global crude oil prices, which shot up to record highs on Monday, continued to rule at the same level of close to $54 a barrel. Following the nationwide strike that began in Nigeria to protest against high
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The price of New York crude surged to a new record high of 81.80 dollars a barrel on Tuesday ahead of a US interest rate call and as traders fretted over tight energy supplies in the United States.
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LOS ANGELES -- Gasoline prices have climbed nearly 8 cents a gallon in the past two weeks because of record-high crude oil prices, and they are likely to continue rising, an industry analyst said yesterday.
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Oil prices surge to record levels as traders bet that the Opec nations will reduce output.
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US crude climbed 40 cents to $43.50 a barrel, around $6 below a record peak struck last Friday at $49.40. London&#39;s Brent crude gained 42 cents to $40.
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Oil prices jumped to record highs  above $54 on Tuesday as supply hitches hindered efforts to  build winter heating fuel inventories. They later shed more  than a $1 a barrel as traders took profits from the surge.
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US crude prices on the New York Mercantile Exchange have hit fresh record highs, hitting $49.45 a barrel, up more than 50 percent from the start of the year.
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Crude oil prices vaulted to a record high $80 a barrel on Wednesday as dealers focused on tight inventories in top consumer the United States ahead of peak winter demand.
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TORONTO (CP) - With world oil prices hitting a record high above $54 US a barrel, early indicators were sharply negative for North American stock markets Tuesday.
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Oil soared to a record above $80 a barrel on Monday on worries that global energy supplies could shrink to critical levels this winter heating season due to strong demand growth.
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As the euro rose above $1.42 to a new high against the dollar, the price of crude oil also hit a record, briefly surpassing $90 a barrel in after-hours electronic trading.
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Oil surged to record highs near &#36;76  on Thursday as worries over lower U.S. crude stocks were  underlined by increased tension in the oil-rich Middle East and  suspected explosions at a pipeline in OPEC exporter Nigeria.
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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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Oil prices hit a fresh intraday record high Wednesday, passing $80 a barrel for the first time ever, after the government said supplies of crude oil fell far more than expected.