Oil Closes Above $50
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Oil prices closed above $50 a barrel for the first time yesterday as concerns linger about damage to oil production in the Gulf of Mexico from Hurricane Ivan.
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Crude oil futures briefly surpassed $50 a barrel Tuesday before closing lower amid concerns about low US heating oil inventories ahead of winter.
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SINGAPORE - Crude oil topped $50 per barrel during Asian trading on Tuesday, pushing past the psychological milestone for the first time then surging further to new record levels likely to unsettle oil-consuming nations.    Traders bid oil to new highs in after-hours trading on the New York Mercantile Exchange in a reaction to the slow recovery of U.S...
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Oil prices soared to a new record  above $50 on Tuesday as uncertainties over Nigerian output  heightened worries of a severe supply disruption ahead of  winter.
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NEW YORK - Oil prices closed above $50 a barrel for the first time in New York trading Friday, as traders fretted about Nigerian oil production amid a threatened rebel uprising.
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U.S. oil prices reached a record $50 a  barrel on Monday as Nigeria emerged as the latest focus for  worries about supply in an already tight worldwide energy  market.
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SINGAPORE -- Oil lingered above the $50 per barrel threshold in Asian trade today, breaching the mark for the second straight day ahead of key US crude stockpile data.
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SINGAPORE -- Crude oil prices climbed back above the key $50 mark in Asian trade today,creeping close to an all-time high. After settling at $49.
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Oil prices surged to new record highs on  Monday near $50 for U.S. crude as Nigeria emerged as the latest  focus for worries about supply security on world energy  markets.
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Oil prices set a new record above $50  a barrel on Tuesday as a prolonged U.S. production outage  following Hurricane Ivan attracted fresh speculative buying.
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CRUDE oil prices surged past US$50 a barrel for the first time yesterday to a new record high, raising concerns that higher energy costs could slow the global economy next year.
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Oil prices rose to record highs Monday near $50 a barrel for US crude as Nigeria emerged as the latest focus for worries about supply in an already tight worldwide energy market.
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By Andrew MItchell LONDON  - Oil prices raced to new record highs above $50 on Tuesday as rebel threats against Nigerian oil facilities threatened to inflict further strain on global supplies.
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TORONTO - Crude oil prices hit an all-time high Tuesday, pushing past the psychological barrier of $50 US per barrel during Asian trading.
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RIYADH, 6 September 2004 - Oil prices soared to historical record levels approaching $50 a barrel two weeks ago, after ranging at about $10 five years ago.
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Oil prices raced to new record highs above $50 on Tuesday, despite a pledge by OPEC producer Saudi Arabia to increase production, as rebel threats against Nigerian oil facilities threatened to inflict further strain on global supplies
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The price of crude oil moves back above the benchmark $50 a barrel mark as production facilities in the Gulf of Mexico remain down.