Monday 1 September 2014
 
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Brent

Brent upswing held by China factory slowdown

Brent crude held steady above $103 a barrel on Monday, as a recent rebound in oil prices was checked by fresh data suggesting a slowdown in China's factory activity. Oil prices on both sides of the Atlantic registered a second

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Brent price drops to lowest in 14 months

Weak demand, combined with more than enough oil production, caused the Brent oil price to drop below $100 per barrel (bbl), the lowest level in 14 months, according to a report. Iraqi Kurdistan increased oil production and Libya a

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Brent falls below $102; near 14-month low

Brent crude fell below $102 a barrel on Monday, drawing close to a 14-month low hit last week, as ample supply and a stronger US dollar continued to pressure oil markets. Geopolitical tensions in Ukraine and Libya underpinned oil,

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Brent weakens below $103 on rising supply

Brent crude oil futures drifted lower on Friday, further below $103 a barrel, as a strong dollar and plentiful supplies continued to pressure prices. October Brent crude was down 13 cents to $102.50 a barrel by 1122 GMT. US crude

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Brent drops below $102 on China concerns

Brent slipped below $102 a barrel on Thursday, near a 14-month low hit earlier this week, as concerns over excess oil supply and slowing demand weighed on prices. A survey on China's factory activity showed that growth in the

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Brent falls below $103 on higher Libyan output

Brent crude fell below $103 a barrel on Monday as Libya increased its oil output and as worries over supply from key producer Iraq eased. The drop came following a jump of more than $1 a barrel in benchmark prices on both sides of

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Brent ‘not likely to fall below $100 for long’

Saudi Arabia’s oil buffer is ample and Brent will not likely fall below $100 per barrel for long, unless Saudi wants it to, said a report released by BofA Merrill Lynch Global Research. If oil averages $105 per barrel, Saudi

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Oil near 13-month low over ample supply

Brent crude slipped below $103 a barrel on Wednesday to trade near its lowest level in more than a year as ample supplies countered any disruption risks posed by lingering tensions in Iraq and Libya. It was the fourth day of losse

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Oil hits 9-month low on ample supply

Brent crude oil fell below $104 a barrel on Tuesday, its lowest level in nine months as steady supplies dispelled concerns over potential disruptions in producers such as Iraq and Libya. The International Energy Agency (IEA) said

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Brent holds above $105, Iraq oil output steady

Brent crude hovered above $105 a barrel on Monday, dropping from a one-week high hit on Friday, as US intervention in Iraq eased concerns over the risk of disruption to supply from Opec's second-largest producer. Analysts have

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