Oil Prices Dip Toward $54
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Oil prices slipped further below $55  a barrel on Tuesday, breathing easier after a Norwegian strike  threat receded but still anxious over the thin state of  pre-winter heating oil supplies.
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Oil dipped back below $64 a barrel on   Wednesday as traders await the debate among members of the U.N.   nuclear watchdog over Iran's atomic work.
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Oil prices dipped Thursday, broadening an overnight decline on a U.S. government report that the country's stockpiles of gasoline grew last week.
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Oil prices dipped below $46 on Tuesday  in a third day of falls as a more optimistic Iraq export  picture helped unwind some of the supply worries that have  lifted the market to historic levels.
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Oil fell back toward $62 on Friday after   OPEC member Nigeria appeared to be alone in its decision to   trim output to stem a two-month price slide.
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WASHINGTON: Oil prices retreated slightly yesterday after surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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The price of oil sank for the fourth consecutive day yesterday amid profit taking and easing concerns about supply, dipping below $44 US a week after it threatened to hit $50 US.
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LONDON  - Oil prices continued their retreat, dipping below 50 dollars in New York as Americans voted in a presidential election expected to send ripples through oil markets.
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Crude oil prices climbed back to the $54 US level Wednesday, reversing a two-day slide, after the US government&#39;s weekly petroleum supply report showed a fifth straight week of declining inventories of distillate fuel, which includes heating
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Oil prices have moved above $54 a barrel after the government reported a decline in the supply of distillate fuel, which includes heating oil.
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Oil prices surpassed $54 a barrel Tuesday due to nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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Oil prices edged lower on Wednesday,  keeping within sight of $50 a barrel on supply worries in the  United States, where weekly data is expected to show a draw in  distillate inventories.
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Oil prices tumbled again on Monday to an  8-week low under $46 a barrel, as growing fuel stocks in the  United States eased fears of a winter supply crunch.
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Crude futures prices fell sharply Wednesday, falling below $54 a barrel, as traders shelved concerns about tight winter-fuel supplies and focused on government data showing faster-than-expected growth in US oil inventories.
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Oil prices slipped on Monday but held above $49 a barrel as easing concerns about a winter supply crunch pulled the market further away from record highs set two weeks ago.
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OIL prices were easing back from their recent record highs yesterday as the cost of a barrel dipped below the $46 mark.
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Oil prices set historic highs near  $54 a barrel Tuesday, with global supplies hounded by outages  that were thwarting efforts to build U.S. heating oil  inventories ahead of the winter.