Oil Scales New High on Norway Fears
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World oil prices scaled a new high above  $55 a barrel on Monday as a threat by Norwegian oil employers  to halt production from the world's third biggest exporter  stoked fears of a winter supply crunch.
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Oil prices roared to fresh record highs on Thursday as the U.S. government reported another fall in heating fuel stocks ahead of winter.
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Oil prices broke into fresh record  territory above $52 Thursday on heightened concerns over tight  winter heating fuel supplies.
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TORONTO (CP) - Stock markets gave up more ground Monday morning as the threat of a labour dispute in the Norwegian oil industry added to investor jitters and sent the price of oil to fresh record highs.
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The yen was feeling the heat on Tuesday  as oil prices scaled new record highs, underlining concerns  about Japan's dependence on imported oil.
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Oil prices hit new record highs Monday  and the dollar slid against major currencies, piling up worries  in financial markets about slower growth and thinner corporate  profits.
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Oil prices broke into fresh record  territory above $52 Thursday on heightened concerns that  supplies of heating fuels will prove inadequate during the  northern hemisphere winter.
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Oil prices broke into fresh record territory above $52 on Thursday on heightened concerns over tight winter heating fuel supplies.
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Oil prices have raced to new record high levels after oil majors evacuated workers in Nigeria and police clashed with suspected Islamic militants in the Saudi Arabian capital, Riyadh.
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Oil prices set a new record today on concerns over tight winter heating fuel supplies and news that a strike in Nigeria could put some crude exports on hold.
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The price of crude oil reaches new record levels amid concerns about possible unrest in Venezuela and the threat of sabotage in Iraq.
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Oil prices surged to a new high of $47 a barrel on Wednesday on evidence from major economies that energy costs are not substantially slowing the economic growth that fuels oil demand. Fresh threats by rebel militia in ...
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The price of crude oil broke into new record territory above &#36;52 Thursday on heightened concerns that supplies of heating fuels will prove inadequate during the northern hemisphere winter.
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Oil prices rose to record highs on  Monday, pushing crude in London above $50 for the first time  and extending a relentless rise that has added around 65  percent to the cost of crude this year.
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The threat of a lock-out by Norwegian shipowners which would halt production at the world&#39;s third-biggest crude producer has sent oil prices to record highs.
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Crude oil rose after Statoil ASA, Norway&#39;s biggest oil company, said a ``good deal&#39;&#39; of work remains before some 7 percent of the nation&#39;s output can restart.
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LONDON : World oil prices bolted up to new record summits beyond 52 dollars on markets nervous about tight global supplies with winter looming in the northern hemisphere.