Oil Rises On Supply Questions
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Outlook for growing demand as supply is crimped by events in Nigeria and Iran sends crude prices higher.
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Oil futures prices rose more than $1 a barrel in volatile trading yesterday after a government report showed a sharp rise in US crude supplies and tightening inventories of heating oil.
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Oil turned higher again on Tuesday after retreating from record highs in response to concerns about the U.S. economy and further indications OPEC has already substantially raised oil output.
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Oil prices rose on Wednesday, boosted by  a looming cold front in the United States and production  glitches that have knocked around a million barrels daily from  the world's crude supply.
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NEW YORK - Oil prices continued climbing on Wednesday as supply concerns lingered and a weekly report showed US crude inventories were smaller than expected.
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Oil prices edged higher on Wednesday  ahead of weekly U.S. inventory data expected to show a fall in  crude stockpiles but rising product tanks.
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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 futures prices rose in Europe today amid concerns about heating oil supplies at the beginning of the Northern Hemisphere winter.
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SINGAPORE : Oil prices climbed higher in Asian trading on Monday as fresh concerns over possibile energy shortages during the northern hemisphere winter sparked another wave of panic buying among investors, dealers said.
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Oil prices blasted higher yesterday, surging above $44 a barrel after government data showed a slight decline in crude and heating oil supplies as a Northeast cold snap drove up fuel demand.
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Oil rose above $91 on Thursday, recovering from losses of more than $3 in the past two days, on concerns of escalating Middle East tensions after Israel carried out a missile test.
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LONDON, Oct 26  - Oil prices rose slightly on Tuesday as markets turned their attention to upcoming estimates of US crude inventories amid worries that heating stocks are low ahead of the northern hemisphere winter, traders said.
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Oil prices rose on Tuesday on cheery  economic data showing that inflationary pressure was held in  check in July and ahead of weekly inventory due out on  Wednesday forecast to show a draw in crude stocks
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NEW YORK -- Crude oil futures briefly climbed back over $50 a barrel yesterday, with worries over the security of Nigerian supplies supporting prices despite a surprise increase in US crude inventories.
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Oil prices soared Friday as worries about heating fuel supplies and technical trading factors pushed prices sharply higher.
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Oil rose on Tuesday, adding to sharp gains made the previous session on expectations that a cold spell in the U.S. Northeast this weekend would boost demand in the world's biggest heating oil market.
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Crude oil rose to a two-week high on concern that heating oil supplies may be insufficient as the winter heating season approaches in North America and Europe.