Thursday 17 April 2014
 
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Brent

Brent heads for first weekly gain since late Feb

Brent steadied below $108 per barrel on Friday, holding most of its gains from the prior session and heading for the first weekly rise in five, on promising U.S. data and fears geopolitical tensions could dent supply from Russia.

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Brent oil drops below $109

Brent crude oil futures fell for a second straight session on Wednesday, dropping below $109 a barrel on easing fears that Russia's incursion into Ukraine could lead to war. Brent is now almost $4 below a two-month high hit at

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Oil jumps $2 over Ukraine tension

Brent and US crude oil rallied more than $2 per barrel to multi-month highs on Monday, lifted by rising tension in Ukraine after Russian President Vladimir Putin declared he had the right to invade his neighbour. Russia is the wor

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Brent steady below $109; Libya, Angola support

Brent crude slid toward $108 a barrel on Friday, on track for a modest weekly decline, as downbeat US economic data outweighed supply disruptions in Libya and Angola. Libya's oil production fell by more than 100,000 barrels pe

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Brent slips after touching 5-week high

Brent crude eased back after hitting a five-week high above $109 a barrel on Monday as investors look ahead to more US and Chinese economic data this week that could shed greater light on the demand outlook in the world's two largest oil con

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Oil slips below $106 on growth concerns

Oil edged below $106 a barrel on Tuesday, weighed down by concerns that weak data from the US and China, the world's largest consumers of oil, could slow global growth though a spate of supply problems offered some support. A

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Brent slips over emerging market demand fears

Brent oil futures eased towards $107 a barrel on Monday as investors dumped risky assets over worries about weaker emerging market economies, but U.S. crude held up due to a spell of cold weather. The U.S. Federal Reserve is widel

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Brent falls toward $107 on Iran nuclear deal

Brent crude edged lower toward $107 a barrel on Monday after six nations struck a fresh six-month deal with Iran to curb its nuclear programme and US President Barack Obama urged Congress not to impose additional sanctions on the country.

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Brent rises toward $107 on supply worries

Brent crude rose towards $107 a barrel on Friday amid worries about supply from North Africa, although speculation that strong US data could prompt the Federal Reserve to further taper its stimulus capped gains. The reaction in oi

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Brent edges up towards $108 on Libya worries

Brent crude rose towards $108 per barrel on Wednesday, supported by new worries over Libyan supplies and expectations of another drop in US crude inventories. Although Libya may boost production to nearly 600,000 barrels per day (

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