Oil falls despite deep freeze
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Oil prices fell a dollar on Wednesday on profit-taking despite a lingering deep freeze in the United States that was boosting demand for heating oil.
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Oil prices fell on Thursday on expectations that the United States might loan some crude to U.S. refiners from its strategic petroleum reserve after weather-related disruptions led to a big dip in supplies.
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Oil prices dropped nearly 6.5 percent  in thin holiday trade on Monday as forecasts of a return to  mild winter weather in the U.S. Northeast eased worries about  heating oil supplies.
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Oil prices fell on Monday to a seven-week low just under $47 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch despite a cold snap in North America at the weekend.
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Oil slid towards $79 a barrel on Friday, as a hurricane subsided in the Gulf of Mexico, though prices held near the previous day's record high on supply worries ahead of peak winter demand.
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US oil prices were slightly softer on Monday after a four-day break, but the threat of a cold winter stretching persistently low global heating oil inventories kept the market within sight of $50 a barrel.
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Oil prices edged further below &#36;49 a barrel on Tuesday as the frigid U.S. Northeast looked ahead to warmer conditions and some traders moved to the sidelines ahead of Iraqi elections and an OPEC meeting.
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Battered oil prices stayed weak on  Friday after a $6 slump spurred by easing worries about winter  supplies.
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U.S. oil prices were slightly softer on Monday after a four-day break, but the threat of a cold winter stretching persistently low global heating oil inventories kept the market within sight of &#36;50 a barrel.
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Oil prices fell below &#36;73 a barrel on  Tuesday in thin trade, but nagging fears about supply  disruption and expectations of strong U.S. demand for gasoline  were expected to prevent a deeper sell-off.
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Oil prices fell 5 percent on Monday as forecasts of a return to mild winter weather in the U.S. Northeast eased worries about heating oil suppplies.
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Crude oil fell from yesterday&#39;s record of $54.88 a barrel in New York amid concern that sustained high prices may slow economies and reduce demand for energy.
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Oil prices edged further below $49 a  barrel on Tuesday as the frigid U.S. Northeast looked ahead to  warmer conditions and some traders moved to the sidelines ahead  of Iraqi elections and an OPEC meeting.
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Oil prices eased on Wednesday on mild  U.S. weather as traders waited to see whether the first cold  snap of the U.S. winter has eaten into low heating fuel  supplies.
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Oil fell more than 2 percent on Tuesday as warm weather thawed top consumer the United States, cutting demand for heating fuel.
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Oil prices eased to &#36;45 a barrel on Tuesday, extending a profit-taking set-back despite a looming cold spell in the eastern United States and global supply outages.
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Oil prices slipped on Thursday after a  bigger-than-expected rise in U.S. fuel inventories soothed  worries of a winter squeeze.