text: Oil Retreats on Signs Economy Hurting  NEW YORK (Reuters) - Oil prices retreated sharply after  setting record highs above \$55 a barrel on Monday as dealers  took profits on signs that energy costs are hurting economic  growth.
inputs: Oil Retreats on Signs Economy Hurting  NEW YORK (Reuters) - Oil prices retreated sharply after  setting record highs above \$55 a barrel on Monday as dealers  took profits on signs that energy costs are hurting economic  growth.