Oil prices top $41 as traders weigh production, weather
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Crude oil futures rose above $41 a barrel yesterday as traders focused on OPEC's planned production cutback and colder weather in the United States.
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Crude oil prices surged past an unprecedented $55 per barrel Monday as uncertainty swirls over production, high demand and tight global supplies.
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U.S. oil prices and Brent crude rocketed to all-time highs on Friday on a record-low dollar, tensions in the Middle East and worries over energy supply shortages ahead of the northern hemisphere's winter.
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Oil prices held firm around $55 a barrel  on Wednesday as traders braced for the start of the northern  winter with thin heating oil supplies.
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Oil prices climbed above $42 a barrel on  Wednesday, rising for the third day in a row as cold weather  gripped the U.S. Northeast, the world's biggest heating fuel  market.
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Oil prices climbed above &#36;42 a barrel on Wednesday, rising for the third day in a row as the heavy consuming U.S. Northeast feels the first chills of winter.
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Oil prices have surged to two-week highs following news that supplies in the US are tightening. In New York on Thursday, the cost of a barrel of oil rose almost $2 to $44.
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Oil prices held firm just above &#36;47 a barrel on Friday, bolstered by a tightening outlook for market fundamentals and sliding U.S. temperatures.
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Crude oil prices surged past an unprecedented $55 a barrel before sliding back in overnight trading Monday, amid ongoing uncertainty over production, high demand and tight global supplies.
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Oil prices breach $90 a barrel in New York amid ongoing supply concerns and after the dollar hits a new low.
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Oil prices held firm just above $47 a  barrel on Friday, bolstered by a tightening outlook for market  fundamentals and sliding U.S. temperatures.
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Oil prices held around $41 a barrel on  Tuesday as colder weather in the U.S. brought temperatures more  into line with seasonal norms, spurring heating oil buying.
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Oil prices rallied to a record above  $55 a barrel Monday on concerns over a winter fuel supply  crunch, and as traders took comments from a top U.S. official  to mean high prices have yet to really dent U.S. demand.
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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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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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-- Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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Oil prices pushed toward record peaks on  Thursday after a larger-than-expected decline in heating fuels  in the United States heightened fears of a winter supply  crunch.