Tuesday 3 May 2016
 
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Brent

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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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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Funds bet on tightening oil market despite Doha debacle

Brent futures prices are signalling the market expects a rapid tightening of the supply-demand balance in the second half of 2016, according to a Reuters market analyst. The spread between futures prices for oil delivered in June

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Funds bet on tightening oil market despite Doha debacle

Brent futures prices are signalling the market expects a rapid tightening of the supply-demand balance in the second half of 2016, according to a Reuters market analyst. The spread between futures prices for oil delivered in June

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Saudi Arabia, Russia agree on oil output freeze - report

Top oil producers Russia and Saudi Arabia have agreed to freeze output ahead of a much-anticipated producers meeting in Doha, Qatar, on Sunday, an Interfax news agency report said. Russia's Interfax quoted a diplomatic source in Doh

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Looming gasoline glut pulls down crude prices

Crude oil prices fell in early Asian trading on Tuesday on signs of weakening gasoline demand, long a pillar of support for struggling fuel markets, in both North America and Asia. Front month US West Texas Intermediate (WTI) crud

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Looming gasoline glut pulls down crude prices

Crude oil prices fell in early Asian trading on Tuesday on signs of weakening gasoline demand, long a pillar of support for struggling fuel markets, in both North America and Asia. Front month US West Texas Intermediate (WTI) crud

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Oil rallies near 2016 high on producer meeting

Oil rose towards $41 a barrel on Thursday, trading close to a 2016 high, bolstered by a plan among some of the world's biggest producers to meet next month to discuss supporting the market. Opec and non-Opec producers includin

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Oil rises 2pc after supplier meeting agreed

Oil futures rose 2 per cent in Asian trade on Thursday, adding to strong gains in the previous session after the world's biggest suppliers firmed up plans to meet to discuss an output freeze. Oil producers including Gulf Opec

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Oil rises as US output seen declining

Oil prices rose on Wednesday after falling the previous session on expectations US output will decline further as some producers are under increasing financial distress and as early inventory data showed a less-than-expected increase.

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