Crude futures prices continue to climb
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HOUSTON, Sept. 24 -- Oil futures prices continued to climb Thursday as traders shrugged off a decision by the US Department of Energy to loan two refiners a relatively small amount of crude from the Strategic Petroleum Reserve.
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US crude oil futures climbed towards $46 a barrel Monday after Russia&#39;s Yukos suspended some oil exports to China and traders remained concerned about storm-related supply disruptions into the United States.
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NEW YORK - Stocks edged higher in early trading Friday as investors tried to uncouple share prices from skyrocketing oil costs, even as crude reached new highs and neared $50 per barrel.    A barrel of light crude was quoted at $49.33, up 63 cents, on the New York Mercantile Exchange, continuing a climb that has sent new intraday highs with every quote...
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Crude oil futures prices climbed yesterday on the back of a rally in heating oil after the US government said the nation's supply of distillate fuel declined for the ninth consecutive week.
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record-high crude oil prices, and they are likely to continue rising, an industry analyst said Sunday. From Sept. 24 through Friday, the combined national average for all grades of gas rose from $1.
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NEW YORK - Stocks moved slightly higher Friday as investors tried to uncouple share prices from skyrocketing oil costs, even as crude reached new highs and flirted with $50 per barrel.    A barrel of light crude was quoted at $48.90, up 20 cents, on the New York Mercantile Exchange after setting a new intraday record earlier in the session at $49.40...
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Crude oil futures rose yesterday for the first time in a week, climbing above $43 a barrel after an attack at the US consulate in Saudi Arabia and amid growing concerns that OPEC may try to firm-up oil prices after last week's sharp sell-off.
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Crude oil futures in New York, after passing US$49 a barrel, may rise further next week on increasing concern that shipments will be curtailed just as demand accelerates, a Bloomberg survey of traders and analysts showed.
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Crude oil futures rose amid speculation that US inventories of heating oil, diesel and gasoline will continue to fall as demand exceeds refinery output.
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NEW YORK -- Crude oil futures briefly climbed back over $50 a barrel yesterday, with worries over the security of Nigerian supplies supporting prices despite a surprise increase in US crude inventories.
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Bargain hunting is sending stock prices higher even as oil futures top 50 dollars per barrel. The Dow Jones Industrial Average is up 29 points in today&#39;s early going.
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Crude oil futures edged up toward $50 a barrel today amid renewed fears over winter supplies. Light sweet crude for delivery in January traded at $49.49 a barrel at midday in Europe, up 60 cents from the contract&#39;s
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Oil futures prices surged to new heights above $55-abarrel on Friday as concerns about the global supply of heating oil persist ahead of winter in the Northern Hemisphere.
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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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Crude oil prices rose 45 cents to $41.77 per barrel on the New York Mercantile Exchange. Heating oil futures were up by 1.13 cent to $1.2221 per gallon on Nymex.
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Crude oil prices were up $1.72 at $45.90 per barrel in afternoon trading on the New York Mercantile Exchange. Heating oil futures rose by 7.08 cents on Friday to $1.452 per gallon.
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Crude oil prices hit another milestone Wednesday, as the benchmark US crude touched $47 a barrel, with traders awaiting key inventory data due out later today.