Oil Falls to 3-Month  Low
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Oil prices fell 3.5 percent to a three-month low Tuesday as mild winter weather sapped heating oil demand in the U.S. Northeast.
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Crude oil prices fell for a fourthstraight day Friday, closing below 43 dollars per barrel for the first time in about three months.
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Oil fell below $88 a barrel on Wednesday  as stock markets declined further, shrugging off a temporary  reprieve from Tuesday's steep cut in U.S. interest rates amid  persistent fears of a global economic slowdown.
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New York - Oil prices continued to plummet on Thursday, falling almost five per cent to hit a 12-week low. On the New York Mercantile Exchange, the January contract for light sweet crude was down $2.24 US
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Crude oil futures fell for a third session, dropping as low as $45.35 a barrel, as increased Iraqi shipments signaled that supplies may be adequate to meet global demand.
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U.S. retail gasoline prices fell to  their lowest level in three months and the cost of diesel fuel  dropped below $2 a gallon for the first time in 12 weeks, the  Energy Department said on Monday.
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Oil prices fell to seven-week lows below  $47 a barrel on Wednesday as traders braced for another  increase in U.S. oil and natural gas inventories ahead of  winter.
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Oil prices slid 3 percent on Monday on  expectations that more mild U.S. weather at the start of the  New Year will limit heating oil demand.
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Oil slid for a third day on Wednesday  but remained in a narrow trading range below $60 a barrel with  little impetus to break out in either direction.
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NEW YORK, December 2  - Crude oil prices declined for the third consecutive day today, reaching their lowest levels in 11weeks, on news of rising US fuel inventories and a less severe winter in various parts of the country.
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Oil fell below $63 a barrel on Friday,   its lowest level since March, as ample U.S. fuel stocks looked   set to meet winter heating demand in the world's biggest   consumer.
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Crude oil prices fell to the lowest level in four months Tuesday as traders speculated that warm weather and increased refinery output had bolstered US heating-oil supply last week.
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LONDON  - Oil prices continued to spiral lower, hitting near three-month low points in New York following a rise in US petroleum stockpiles and signs OPEC will refrain from announcing output cuts next week.
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Oil slid almost $2 to a six-week low below $89 a barrel on Monday, as stock markets plummeted and concerns mounted over an economic slow-down led by top consumer the United States.
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Oil prices came within a whisker of  retesting a near six-month low of $63 on Friday as supply  worries eased, knocking gold to three-month lows and dragging  resource shares such as Japan's INPEX lower.
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LONDON - World oil prices ticked up from a three-month low on Monday as traders looked for Opec to take action to stem a slide which knocked 14 per cent off crude prices 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.