Crude prices to drop
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CRUDE oil prices are expected to fall rather than rise, despite the latest decision of the oil producers&#39; cartel to reduce supplies coming on to the market.
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Crude oil futures fell slightly Monday as traders speculated that slower economic growth next year might ease global oil demand. On the New York Mercantile Exchange, crude
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Crude oil futures fell nearly a dollar today in New York, as the focus shifted to expectations of across-the-board builds in US petroleum-inventory data due out tomorrow.
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Benchmark light, sweet crude oil futures for January dropped as much as 93 cents in early trading today in New York to last week&#39;s low of US$42.05 a barrel.
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Crude oil prices fell slightly Tuesday even as the expectation of another cold snap increased traders&#39; concerns about heating-oil supply.
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Crude oil futures sank for a fourth straight day Friday, settling beneath $43 a barrel for the first time in nearly three months and capping a 14 percent decline for the week.
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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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Crude oil prices fell Tuesday as traders widely anticipated a continuing increase in US inventories of crude oil. On the New York Mercantile Exchange, crude oil futures for December delivery fell 76 cents to settle at US$46.11 per barrel.
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SAN FRANCISCO (CBS.MW) - US gas prices fell 3 cents over the past two weeks and are expected to drop even lower on declining crude oil prices, according to a survey released Sunday.
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Crude oil prices have dipped in New York, sliding as much as two dollars to around $50 a barrel. That&#39;s extending declines seen last week despite concerns that a planned strike in Nigeria could affect output.
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Crude futures prices fell sharply Wednesday, falling below $54 a barrel, as traders shelved concerns about tight winter-fuel supplies and focused on government data showing faster-than-expected growth in US oil inventories.
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Oil futures prices sank nearly 5 percent yesterday, dropping below $53 a barrel, as concerns about tight winter-fuel supplies eased, at least temporarily, and traders
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Crude oil fell 55 cents to $42.70 per barrel in early trade on the New York Mercantile Exchange. Inventories grew by 900,000 barrels last week to 293.3 million.
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U.S. crude futures skidded more than  half a dollar lower on Monday, as a mild New Year's weekend in  the United States and forecasts for above-average temperatures  were expected to cap heating oil demand, traders said.
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LONDON - Oil prices eased on Monday as top world exporter Saudi Arabia slashed prices for its westbound crude sales in an effort to shift the large volumes it is offering to cool world markets.
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Crude oil prices fell slightly Friday, ending lower this week as worries about low winter fuel inventories dissipated amid rising oil stockpiles.
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NEW YORK: Crude futures dropped by more $2 a barrel yesterday as traders anticipated warmer weather later in the week and responded to weekend snowstorms in the Midwest that kept motorists off the road and planes grounded.