Heating oil prices starting to decline
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The price of heating oil isn't falling as fast as the price of gasoline, but it's starting to drop.
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A decline in the nation&#39;s inventory of heating oil catapulted crude futures prices toward $55 a barrel yesterday, providing the latest jolt to a market already
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A decline in some prices tempered a rise in costs for medical care, gasoline and fuel oil. Housing construction fell by 6 percent.
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Oil fell below $93 per barrel on Monday in thin trade as mild weather swept across the key heating regions of the United States, cutting fuel demand.
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Oil prices slid more than $3.50 a barrel  on Wednesday, the biggest drop since September 2001, as a  larger-than-expected build in U.S. heating stocks soothed  worries about a winter fuel deficit.
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Oil futures prices plunged by more than $2 a barrel Thursday, continuing a selloff that began last week amid rising US supplies of crude and expectations of a surge in heating oil production before winter arrives.
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NEW YORK -- A decline in the nation's inventory of heating oil catapulted crude futures prices toward $55 a barrel yesterday, providing the latest jolt to a market already rattled by the world's tight supply of oil, strong demand, and the possibility of output problems in several producing nations.
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Oil prices fell more than a dollar to a  three-month low on Tuesday as mild winter weather sapped demand  in the heavy energy consuming U.S. northeast.
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Oil prices fell more than a dollar to  under $43 a barrel on Monday as unusually mild winter weather  in the United States eased fears that thin heating fuel  stockpiles could prove inadequate.
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Oil prices fell a dollar on Wednesday on profit-taking despite a lingering deep freeze in the United States that was boosting demand for heating oil.
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Oil prices edged lower on Wednesday as traders waited to see whether the first cold snap of the US winter had eaten into low heating fuel supplies.
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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 fell more than a dollar to a three-month low yesterday as mild winter weather sapped demand in the heavy energy consuming north-east of the United States.
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Amid soaring crude oil prices, gasoline costs have been dropping. But don't expect that to last, economists say.
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Oil prices fell by more than $1 a barrel yesterday and analysts said ample global supplies at a time of year when demand is weak could prompt more selling -- at least until winter heating demand kicks in.
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Oil futures prices plunged by more than $2 a barrel Thursday, continuing a sell-off that began last week amid rising US supplies of crude and expectations of a surge in heating oil production before winter arrives.
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Oil prices fell on Thursday, extending  losses triggered the previous session by U.S. data showing a  big rise in stocks of winter heating fuels in the United States  as mild weather suppressed demand.