Oil prices reach new record highs past 52 dollars
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LONDON : World oil prices bolted up to new record summits beyond 52 dollars on markets nervous about tight global supplies with winter looming in the northern hemisphere.
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Oil prices have continued their record-breaking run on Wednesday, busting through the $47-mark amid concerns that demand will outstrip supply.
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LONDON: World oil prices surged into new record territory above $50 a barrel Tuesday as traders took fright at a multitude of supply threats, including unrest in Nigeria and recent hurricanes.
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Oil prices struck a fresh record high  above $47 a barrel on Thursday as fresh evidence of demand  growth in China and India underlined how rising appetite for  oil is straining the world's supply system.
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Oil prices hit fresh record highs above  $51 a barrel Wednesday, whipping up worries that high prices  could hit economic growth and weighing on European shares that  were dented by downbeat news from AstraZeneca.
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Oil prices surged to a new high above  $47 a barrel on Wednesday on evidence that energy costs are not  substantially slowing the economic growth that fuels oil  demand.
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Oil prices struck a fresh record on Thursday, spurred higher by renewed violence in Iraq and fresh evidence that strong demand growth in China and India has not been slowed yet by higher energy costs.
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Oil prices broke into record  territory above $52 Thursday on heightened concerns that  supplies of heating fuels will prove inadequate during the  northern hemisphere winter.
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Oil prices jumped to a new record  high near $47 on Monday with traders on tenterhooks for the  result of Venezuela's weekend referendum and Iraq's exports  again disrupted by a Shi'ite uprising in the south.
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Oil prices set a new record at $53 a  barrel on Thursday on concerns over tight winter heating fuel  supplies and news that a strike in Nigeria could put some crude  exports on hold.
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Oil prices soared to another record high of almost 55 US dollars a barrel on Thursday as Washington reported another fall in heating fuel stocks before winter.
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LONDONâUS crude prices on the New York Mercantile Exchange hit fresh record highs on Tuesday, hitting $50.47 a barrel, up nearly 55 percent from the start of the year.
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Oil prices raced to new record highs above $50 on Tuesday as rebel threats against Nigerian oil facilities threatened to inflict further strain on global supplies.
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Oil prices jumped to a new record high near &#36;47 on Monday with traders on tenterhooks for the result of Venezuela's weekend referendum and Iraq's exports again disrupted by a Shi'ite uprising in the south.
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OIL&#39;S RECORD-breaking rally took US crude over US$52 a barrel yesterday fuelled by the impact of Hurricane Ivan on US winter inventories.
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Crude oil continued to move upwards to fresh highs in Asian trade today, hitting a new mark of $52.53 US per barrel as the market took stock of a possible strike in Nigeria and the sluggish revival of output in key Gulf of Mexico oil
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LONDON : Oil prices raced ahead to new record high levels in London and approached 50 dollars in New York as unrest in oil producers Nigeria and Saudi Arabia stoked supply worries, traders said.