Wednesday 29 July 2015
 
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Oil Prices

Global growth to boost oil prices - Kuwait minister

Oil producing countries expect global economic growth in the coming period to boost oil prices, Kuwaiti Oil Minister Ali Saleh al-Omair was quoted by the al-Qabas newspaper on Tuesday as saying. "There is satisfaction among m

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Oil prices fall on Iran export concerns

Oil prices fell on Wednesday as investors digested the likely impact of increasing Iranian fuel exports at a time of heavy oversupply. A milestone nuclear deal reached on Tuesday between six world powers and Iran will mean sanctio

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Oil prices stabilise after massive selloff

Crude oil prices steadied on Tuesday, after posting one of their biggest selloffs this year the previous session over Greece's rejection of debt bailout terms and China's stock market woes. Front-month US crude futures wer

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Oil prices stabilise after massive selloff

Crude oil prices steadied on Tuesday, after posting one of their biggest selloffs this year the previous session over Greece's rejection of debt bailout terms and China's stock market woes. Front-month US crude futures wer

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Oil prices fall after Greek imposes capital controls

Oil prices fell in early Asian trade, with US crude dropping below $59 after Greece imposed capital controls as lenders refused to extend the country's bailout. Brent crude for August delivery was down 81 cents at $62.45 a bar

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Oil steady as US stocks data disappoints

Oil prices were little changed in early Asian trade on Thursday as an unexpected build in US gasoline inventories offset a higher than forecast draw in US crude inventories, while Brent was supported by buoyant manufacturing figures from Europe.

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Oil down 2pc over weaker products markets

Crude oil fell about 2 per cent on Friday, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market. Gasoline and diesel'

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Oil down 2pc over weaker products markets

Crude oil fell about 2 per cent on Friday, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market. Gasoline and diesel'

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Qatar sovereign fund ‘to restructure’

Qatar Investment Authority, one of the world's most aggressive sovereign wealth funds, will set asset allocation targets for the first time and restructure internal decision-makingin response to a drop in oil prices, sources said.

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IMF agrees $833 million loan to Iraq

The International Monetary Fund reached an agreement on Friday with Iraq for a $833 million loan programme that should help the country with its finances and increase investor confidence. The programme, which must still be reviewe

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