Crude Oil Prices Top $50 Per Barrel
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LONDON - Crude oil topped the psychological milestone of $50 per barrel Tuesday for the first time, and a Saudi Arabian oil official said the world's largest petroleum exporter would raise its production capacity by nearly 5 percent in a bid to calm prices.    Analysts said instability in the Middle East, political unrest in Nigeria, Africa's top oil exporter, and damage to U.S...
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Crude reaches $51.48 a barrel as the damage from Hurricane Ivan lingers in the Gulf of Mexico. LONDON  - Oil prices streaked to a record high above $51 a barrel Wednesday as speculators drove up prices
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US crude climbed 40 cents to $43.50 a barrel, around $6 below a record peak struck last Friday at $49.40. London&#39;s Brent crude gained 42 cents to $40.
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SINGAPORE - The price of crude oil surged past an unprecedented $55 per barrel Monday amid continued uncertainty over production, high demand and tight supply globally.    The price of crude for November delivery on the New York Mercantile Exchange reached $55.02 per barrel mid-morning in Asia, up 9 cents from its settlement price on Friday...
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Oil prices rose to record highs Monday  near $50 a barrel for U.S. crude as Nigeria emerged as the  latest focus for worries about supply in an already tight  worldwide energy market.
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World oil prices marched towards 50 dollars per barrel, touching new highs in pre-opening electronic trading as fighting raged in major producer Iraq.
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World oil prices have shot to record highs as concern grows about even more expensive fuel at the petrol pumps. In London, Brent North Sea crude oil for delivery in November surpassed $50 a barrel for the first time in the contract&#39;s 16-year history.
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Oil prices closed above $50 a barrel for the first time yesterday as concerns linger about damage to oil production in the Gulf of Mexico from Hurricane Ivan.
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In Asian trade, US light crude hit $50.28 a barrel, the highest since the record $50.47 one week ago. London&#39;s Brent crude opened higher Tuesday, up 46 cents at $46.
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Oil prices vaulted back above $50 a  barrel on Tuesday as traders took out insurance ahead of weekly  U.S. data on Wednesday that is expected to show only a modest  increase in winter heating oil inventories.
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Oil prices set a new record above $50  a barrel on Tuesday as a prolonged U.S. production outage  following Hurricane Ivan attracted fresh speculative buying.
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Crude oil futures surged to within striking range of $50 a barrel yesterday, though traders were split on where the market was headed next.
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NEW YORK -- Crude oil futures prices ended above $50 a barrel for the first time on the New York Mercantile Exchange. In New York, crude for November delivery rose 48 cents and closed at a record $50.
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As the price of crude oil flirts with $50 a barrel, gasoline prices are heading up again, ending an unusual period in which gasoline prices were falling even as oil prices rose.
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Crude oil surpassed $50 a barrel for the first time and analysts said Tuesday that prices could keep rising because of a sharp rise in global demand, tight supplies and threats to output in petroleum-producing nations such as Iraq and Nigeria.    Homeowners and energy-intensive industries could feel the sting from high oil prices worsen as seasonal demand picks up this winter, and there is already evidence that the supply disruptions caused by Hurricane Ivan are making it more costly to drive...
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Supplies hit $50 a barrel for the first time as global demand rises and supplies are increasingly threatened. By Brad Foss. Crude oil surpassed $50 a barrel for the first time and analysts said Tuesday that
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LONDON - Crude oil futures contracts topped the psychological milestone of $50 per barrel for the first time Tuesday, surging to new record levels that could unsettle oil importing nations.    Analysts said instability in the Middle East; political unrest in Nigeria, Africa's top oil exporter; and the Caribbean's hurricanes were keeping traders on edge about world supplies...