Friday 4 September 2015
 
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Brent

Oil prices fall on US crude stock build

Oil fell on Thursday on an unexpected build in US crude stocks and a stronger dollar, but a recovery in Asian shares after Wall Street posted a near 2-per cent gain overnight helped support prices. Asian investors were focused on

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Oil prices fall on US crude stock build

Oil fell on Thursday on an unexpected build in US crude stocks and a stronger dollar, but a recovery in Asian shares after Wall Street posted a near 2-per cent gain overnight helped support prices. Asian investors were focused on

More…

Oil price seen at $55 next year

With oil stock balances next year looking softer and costs coming down, the commodity will trade at $55 and $61 per barrel during 2016 and 2017, respectively, said the Bank of America (BofA) Merrill Lynch in a report. “Looki

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Oil sinks 3pc as investors retreat from gains

Oil prices fell three per cent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and US crude soared more than eight per cent in the previous session. Both Brent and US crude prices

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Oil sinks 3pc as investors retreat from gains

Oil prices fell three per cent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and US crude soared more than eight per cent in the previous session. Both Brent and US crude prices

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Oil extends biggest rally in six years to top $50

World oil prices roared back to $50 a barrel in the second day of a frenetic short-covering rally on Friday, with violence in Yemen, a storm in the Gulf and refinery outages helping extend the biggest two-day rally in six years. O

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Oil marks fresh 6-1/2-year lows on China, oversupply

Brent and US crude oil futures hit fresh 6-1/2-year lows on Monday to drop below the latest supports of $45 a barrel and $40 a barrel each as investors fretted that a slowing Chinese economy will lead to weaker demand amid a global supply surplu

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Oil falls over US, Asia demand worries

Oil prices dipped again on Tuesday as traders braced for lower refinery consumption after the US summer, while Asia's weakening economies and high global production stoked concerns about oversupply. Both crude oil benchmarks a

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Oil falls over US, Asia demand worries

Oil prices dipped again on Tuesday as traders braced for lower refinery consumption after the US summer, while Asia's weakening economies and high global production stoked concerns about oversupply. Both crude oil benchmarks a

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Oil near 6-year lows on shrinking Japan economy

Oil prices fell to near six-year lows on Monday as Japan's economy contracted and producers in the United States added drilling rigs for a fourth straight week despite a recent rout in prices. Japan's economy, the second b

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