RPT - Oil ends near new high as distillate, gas stocks fall -
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Strength in oil, especially heating oil, helped drive natural-gas futures higher by as much as 9 percent. Prices for the heating fuel closed at their highest level in 19 months.
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Traders brace for another rise in US crude, natural gas stocks, IEA says prices may have peaked. LONDON  - Oil prices fell to seven-week lows Wednesday, below $47 a barrel, as traders braced for another
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Oil climbed above $61 to its highest level this year on Friday after top fuel consumer the United States reported an unexpected drop in gasoline stocks and Iran said it would show "no weakness" over its nuclear program.
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The Dow Jones industrial average closed at its highest level ever Tuesday, and also made a new trading high, knocking out records from more than 6-1/2 years ago, thanks to a nearly 4 percent slide in oil prices.
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Global crude oil prices, which shot up to record highs on Monday, continued to rule at the same level of close to $54 a barrel. Following the nationwide strike that began in Nigeria to protest against high
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Oil prices jumped to a new record high near &#36;47 on Monday with traders on tenterhooks for the result of Venezuela's weekend referendum and Iraq's exports again disrupted by a Shi'ite uprising in the south.
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Though oil prices have eased slightly, they remain close to record high points approaching $55 a barrel. World oil prices have more than doubled from about $20 a barrel in New York at the start
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Oil held near its lifetime high of $100 a barrel on Thursday, fuelled by expectations of another fall in U.S. fuel stocks and a struggling dollar.
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NEW YORK, Sept 23  - Oil prices edged closer to record territory Thursday as markets shrugged off news that the US government may draw from its strategic reserves to make up for shortages due to Hurricane Ivan.
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Crude oil futures rallied late Friday to a new record high of $54.90, a day after a decline in the US inventory of heating oil roiled a market already on edge over tight supplies, high demand and unrest among key producers.
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Crude oil futures inched toward the 55 dollar milestone today, a day after US officials announced a decline in their countryâs inventory of heating oil, heating a market already on edge over tight supplies, high demand and unrest in key producers.
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Crude oil in New York traded near Friday s record close amid concern growing Chinese demand may strain supplies at a time when spare global production capacity is limited.
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Crude oil prices hovered near an all-time record high of US$49.40 as supply fears in Iraq and other key producers pushed up early trading Monday, while the market took stock of Hurricane Ivan&#39;s impact on oil rigs in the Gulf of Mexico.
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London - Oil prices roared to new record highs yesterday, within a whisker of $51 a barrel, on worries about supplies from the Gulf of Mexico, where almost 30 percent of production remains shut.
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NEW YORK -- Oil climbed to settle near $61 a barrel yesterday, the highest closing price this year, after the US government reported surprisingly large drops in gasoline and heating oil inventories.
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NYMEX crude kept close to record  highs near $54 early on Tuesday as global oil supplies remained  hounded by disruptions, magnifying concerns over U.S. heating  oil stocks ahead of the winter, traders said.
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NEW YORK - Oil prices reached a new high and sent stocks lower Monday, but with trading on Wall Street light and losses only moderate, investors seemed to be coming to terms with near-$50 per barrel crude.    After setting a new all-time record settlement price of $48.88 on Friday, oil continued its march higher on Monday, renewing fears on Wall Street that the slowdown in profits and the economic recovery would extend through the end of the year due to high energy costs...