Oil Up on Winter Worries, Norway Outage
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Oil prices rose Monday as a gas leak  closed a large Norwegian North Sea oil field and the threat of  a colder-than-normal U.S. winter fueled worries about low  heating oil stocks.
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Oil prices climbed back above $59 a barrel on Wednesday as a blast of cold weather boosts heating oil demand in the United States and OPEC supply cuts quicken the seasonal fall in crude stocks in industrialized countries.
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Oil prices rose for the second day in a row on Thursday with an Arctic blast forecast to hit the United States next week, ramping up demand for heating fuels.
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Oil prices rose for the fourth out of the last five sessions Thursday as low stocks of heating fuel in all major consuming regions fostered supply concerns ahead of winter.
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Oil prices rose for the second day in  a row on Thursday with an Arctic blast forecast to hit the  United States next week, ramping up demand for heating fuels.
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Oil prices took time out on Friday from this week's succession of record highs but anxiety over outages in the U.S. Gulf, Nigeria and Norway in the run-up to winter left little hope of relief for consumers.
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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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Oil soared to another record yesterday on worries that global energy supplies could shrink to critical levels during this winter heating season because of strong growth in demand.
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Oil prices head back toward record highs on concerns about supply ahead of the cold winter months.
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U.S. retail home heating oil prices increased slightly during the last week and heating fuel supplies should stay tight this winter unless temperatures are warmer than forecast, the government said on Wednesday.
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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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LONDON  - Oil prices firmed, rising briefly above 50 dollars in New York, supported by supply disruptions to operations in the North Sea, making markets nervous heading into the northern winter.
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Oil prices ticked higher on Tuesday, holding above &#36;42 a barrel as dealers awaited signs of any renewed cold snap that would revive demand for winter heating fuels in the United States.
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Oil prices rose on Tuesday but  retreated from an earlier break above $50, as dealers awaited a  U.S. government report that is expected to show a small  increase in thin heating oil stocks ahead of winter.
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Oil prices climbed higher in Asian trade today as fresh concerns over the possibility of energy shortages in the northern hemisphere winter sparked another wave of panic among investors, dealers said.
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Oil prices rose on Tuesday following  Monday's fall of nearly $3 in the face of rising U.S.  stockpiles and expected warmer winter weather.
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Oil prices climbed for the third  straight day on Wednesday as 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.