Monday 30 May 2016
 
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Brent

Oil prices ease from seven-month high to below $49

Oil futures fell below $49 on Friday, easing from a seven-month high hit this week, with analysts predicting range-bound markets for the next few months as supply outages slowly help to clear a global glut of crude. Prices also ca

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Brent breaks above $50 for first time in 7 months

Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing. Oil prices have rallied in recent week

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Oil steadies ahead of US inventory data; Brent below $50

Oil prices steadied on Wednesday, pausing from the 2016 highs hit in the previous session, as investors awaited government data on US crude stockpiles that analysts said may be crucial in determining whether a two-day rally is extended.

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Oil holds near six-month highs over supply concerns

Crude oil futures held near six-month highs in early Asian trading on Tuesday as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices. Crude futures

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Oil holds near six-month highs over supply concerns

Crude oil futures held near six-month highs in early Asian trading on Tuesday as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices. Crude futures

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Oil prices fall as Canadian fields gradually return

Oil prices fell early on Thursday, weighed by the gradual return of Canadian oil sands production, reversing a sharp rise the previous day when the US government detailed an unexpected fall in crude inventories. International Bren

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Oil prices fall as Canadian fields gradually return

Oil prices fell early on Thursday, weighed by the gradual return of Canadian oil sands production, reversing a sharp rise the previous day when the US government detailed an unexpected fall in crude inventories. International Bren

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Oil prices stabilise after 6pc fall

Oil prices stabilised on Wednesday after falling for two straight days on concerns that slowing demand and rising Middle East production would extend a global supply overhang. International Brent crude futures LCOc1 were trading a

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Oil prices stabilise after 6pc fall

Oil prices stabilised on Wednesday after falling for two straight days on concerns that slowing demand and rising Middle East production would extend a global supply overhang. International Brent crude futures LCOc1 were trading a

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Oil drops as higher output stokes glut fears

Oil fell on Tuesday as rising output from the Middle East and North Sea renewed concerns about a global supply overhang while economic data painted a negative outlook for the demand outlook. Brent crude futures were trading 44 cen

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