Oil Dives Another $1 on Weak Jobs Data
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Battered oil prices dived another dollar  on Friday as weak U.S. jobs data deepened a slump driven by  easing worries about winter supplies.
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Oil prices dip below $62 a barrel amid mixed signals over the possibility of further production cuts.
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Oil prices tumbled again on Monday,  sliding to an 8-week low under $46 a barrel, as growing fuel  stocks in the United States eased fears of a winter supply  crunch.
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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 to seven-week lows below $47 a barrel on Wednesday as traders braced for another increase in US oil and natural gas inventories ahead of winter.
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Oil prices fell $1 on Tuesday as an  expected increase in U.S. heating fuel supplies eased concerns  over an inventory crunch should this winter's weather prove  colder than normal.
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Oil futures prices sank to their lowest level in nearly a month yesterday on a continuation of the sell-off sparked last week by rising US supplies of crude
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Oil fell below $88 a barrel on Wednesday as stock markets continued their decline, shrugging off a temporary reprieve from Tuesday's steep cut in U.S. interest rates amid persistent fears of a global economic slowdown.
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Oil prices fell again on Tuesday, easing  U.S. crude to $53 a barrel, on signs that energy costs are  slowing the economic growth that fueled this year's sharp  increase in world fuel consumption.
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Oil futures prices sank to their lowest level in nearly a month Monday on a continuation of the selloff sparked last week by rising US supplies of crude and easing fears about the refining industry&#39;s ability to satisfy heating oil demand.
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U.S. stocks fell on the first trading day of the year on Wednesday, with the Dow slumping about 2 percent to dip below the 13,000 level, after U.S. manufacturing data showed signs of contraction and oil hit $100 a barrel, raising the possibility of a recession in 2008.
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Oil fell $2 a barrel on Friday from its $100 lifetime high as gloomy U.S. jobs data heightened concern about a slowdown in the world's top consumer that could dampen fuel demand.
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Oil prices fell to seven-week lows below $47 a barrel on Wednesday as traders braced for another increase in US oil and natural gas inventories.
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Oil prices slid on Monday on expectations that more mild U.S. weather at the start of the New Year will limit heating oil demand.
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Oil prices fell to seven-week lows below  $47 a barrel on Wednesday as traders braced for another  increase in U.S. oil and natural gas inventories ahead of  winter.
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Oil prices fell nearly 1 percent to  below $93 a barrel on Tuesday, fading from their latest record  high as investors took profits from a rally fuelled by a  Mexican supply outage and the spiraling dollar.
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Oil prices fell nearly 1 percent to below $93 a barrel on Tuesday, fading from their latest record high as investors took profits from a rally driven by a Mexican supply outage and the spiralling dollar.