Cold weather fuels oil price rise
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Severe cold weather in the north east of the United States forces oil prices above $49 a barrel, a seven week high.
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Oil prices edged up toward $48 a barrel early on Friday as worries that an early or severe winter could stress low winter fuel stocks helped staunch the market&#39;s $8 tumble from record highs.
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Oil prices rose sharply on Friday as  worries a cold spell in the United States could erode already  depleted winter fuel inventories spurred the market higher.
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SAN FRANCISCO (CBS.MW) -- Strength in heating-oil and natural-gas futures led an overall climb among energy prices for a second session Tuesday, as cold US weather sparked concerns over heating-fuel supplies for the winter season.
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Oil prices surged more than two dollars  on Wednesday as the U.S. government reported a fall in heating  oil stocks and cold weather gripped the U.S. Northeast, the  world's biggest heating fuel market.
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Oil prices climbed back above $59 a  barrel on Wednesday ahead of an expected sharp fall in weekly  U.S. distillate stocks as a blast of cold weather boosted  heating fuel demand in the world's top consumer.
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Rallying oil prices climbed to within  a dollar of $50 a barrel early on Monday as a blizzard  enveloped the U.S. Northeast, boosting demand for heating oil.
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Freezing temperatures across much of the US push oil prices back up sharply to nearly $60 a barrel.
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Oil prices surged $2 a barrel late yesterday, as energy traders rushed back into the market amid frigid temperatures in the United States and political tension overseas.
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Oil prices jumped to the highest level in two weeks on Thursday, buoyed by a cold weather front in the United States and below-average stocks of winter heating fuels.
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Oil prices climbed above $42 a barrel  on Wednesday, rising for the third day in a row as the heavy  consuming U.S. Northeast felt the first chills of winter.
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Oil prices resumed this week's upward march on Friday, driven by worries that a new U.S. cold spell might erode already low winter fuel inventories.
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Oil prices surged above $55-a-barrel on Friday as concerns about the global supply of winter fuels persist ahead of the Northern Hemisphere winter.
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Crude oil climbed to a two-week high on concern colder winter weather will drain supplies of North American and European heating fuels before inventories rebound.
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Crude oil futures moved upward Wednesday, as the northeastern United States _ a heavy consumer of heating oil _ felt the first signs of what could likely be a colder-than-expected winter.
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Oil prices climbed back above $59 a barrel on Wednesday ahead of an expected sharp fall in U.S. heating oil stocks as a blast of cold weather boosted demand in the world's top consumer.
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Crude oil futures moved upward Wednesday, as the northeastern United States - a heavy consumer of heating oil - felt the first signs of what could likely be a colder-than-expected winter.