Oil price hits $US50 a barrel
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Crude oil futures hit $US50 in electronic after-hours trade in New York, setting a new record as supply worries intensified. In regular trading the November benchmark contract for light sweet crude on the
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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 surge to fresh record highs in London, with Brent crude reaching the $50-a-barrel mark for the first time.
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Oil prices pushed through new highs above 55 US dollars a barrel Monday amid concerns over high demand and tight supplies ahead of the Northern Hemisphere winter.
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Oil prices darted above $US51 a barrel Tuesday as output in the Gulf of Mexico remained in shambles more than two weeks after Hurricane Ivan tore through the region.
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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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OIL prices surged past $50 a barrel yesterday, driven to the historic high by the threat of an armed uprising in Nigeria against the government and multinationals.
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RIYADH, 6 September 2004 - Oil prices soared to historical record levels approaching $50 a barrel two weeks ago, after ranging at about $10 five years ago.
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Oil prices raced to new record highs  above $50 on Tuesday, despite a pledge by OPEC producer Saudi  Arabia to increase production, as rebel threats against  Nigerian oil facilities threatened to inflict further strain on  global supplies.
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Nymex crude oil surged to a record of 50 dollars per barrel Monday as traders concerned that the petroleum production in the Gulf of Mexico would not return tonormal soon.
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Oil prices are pushing past the psychological barrier of $50 a barrel Tuesday. Prices are rising in part because of the slow recovery of production in the Gulf of Mexico following Hurricane Ivan.
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Oil prices surged to new record highs on  Monday near $50 for U.S. crude as Nigeria emerged as the latest  focus for worries about supply security on world energy  markets.
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Oil prices soared to a new record above $50 yesterday as uncertainties over Nigerian output heightened worries of a severe supply disruption ahead of winter.
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LONDON: World oil prices surged into new record territory above $50 a barrel Tuesday as traders took fright at a multitude of supply threats, including unrest in Nigeria and recent hurricanes.
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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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Oil prices on the London market broke through the 50 US dollars per barrel level for the first time during Monday morning trading.
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Oil prices jumped above $50 a barrel this morning, supported by US election tallies projecting a slim lead for President George W Bush.