Oil slips as mild weather sweeps U.S.
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Oil fell below $93 per barrel on Monday in thin trade as mild weather swept across the key heating regions of the United States, cutting fuel demand.
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Oil prices rose modestly on Tuesday  following Monday's 6 percent slide on rising U.S. stockpiles  and expected warmer winter weather.
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Oil prices edged lower on Wednesday as traders waited to see whether the first cold snap of the US winter had eaten into low heating fuel supplies.
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Oil fell toward $61 Tuesday on robust   U.S. inventories ahead of the winter heating season, but   producer group OPEC said the price slide from peaks this summer   had gone far enough.
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Oil prices slipped on Tuesday but  remained well above $48 a barrel as dealers weighed up whether  a thin cushion of heating fuel in the United States would be  sufficient to meet winter demand.
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Oil prices eased on Thursday but held near $61.50 a barrel after a climb the previous day on unexpectedly large falls in U.S. fuel inventories.
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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 prices slipped on Thursday after a  bigger-than-expected rise in U.S. fuel inventories soothed  worries of a winter squeeze.
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Oil prices were little changed on  Thursday, holding above $43 a barrel despite latest data  showing rising stocks of winter heating fuels in the United  States as mild weather suppressed demand.
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Oil prices briefly raced above $47 a barrel yesterday, then backed off after worries faded about colder weather in the United States and about rough weather that slowed efforts to restore crude production in the North Sea.
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Oil traded lower on Wednesday ahead  of key U.S. stocks data, which was expected to show a rise in  heating fuel supplies as mild winter temperatures suppressed  demand in the United States.
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Oil prices fell more than a dollar to a  three-month low on Tuesday as mild winter weather sapped demand  in the heavy energy consuming U.S. northeast.
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NEW YORK -- Oil prices pulled back after briefly surpassing $62 a barrel yesterday, as traders regarded forecasts of warm US weather as an opportunity to take some profits.
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Crude futures fell more than $1 a barrel yesterday amid mild weather in the US Northeast on the first trading day of the new year.
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Oil prices fell more than a dollar to a three-month low on Tuesday as mild winter weather sapped demand in the heavy energy consuming US northeast.
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U.S. oil prices touched a new three-month low on Wednesday as mild winter weather in the United States and expectations of a rise in heating fuel stocks kept the downward pressure on the market.
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US oil prices slid more than half a dollar to below $44 a barrel on Monday as unusually mild winter weather in the United States curtailed demand.