Sunday 19 November 2017
 
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Brent likely to average $50 this year: report

A Bank of America (BofA) Merrill Lynch research study has cut the average Brent forecasts to $50 this year and $52 per barrel (/bbl) next year, from $54 and $56/bbl before. By increasing output in 4Q16 ahead of the cuts in 2017, O

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Brent likely to average $50 this year: report

A Bank of America (BofA) Merrill Lynch research study has cut the average Brent forecasts to $50 this year and $52 per barrel (/bbl) next year, from $54 and $56/bbl before. By increasing output in 4Q16 ahead of the cuts in 2017, O

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Oil edges up but US crude stays below $40

Oil prices edged up early on Wednesday, supported by a weaker dollar, but US crude futures remained below $40 per barrel and Brent was below $42 as ongoing fuel oversupply and stuttering economic growth weighed on markets. US West

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Oil edges up but US crude stays below $40

Oil prices edged up early on Wednesday, supported by a weaker dollar, but US crude futures remained below $40 per barrel and Brent was below $42 as ongoing fuel oversupply and stuttering economic growth weighed on markets. US West

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Oil dips over supply rise, growth worries

Oil prices started August trading with fresh falls on Monday after several bearish reports, including rising output from Opec, a rise in US drilling and weak economic data from Asia. Brent crude futures were trading at $43.46 per

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Oil dips over supply rise, growth worries

Oil prices started August trading with fresh falls on Monday after several bearish reports, including rising output from Opec, a rise in US drilling and weak economic data from Asia. Brent crude futures were trading at $43.46 per

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Oil ends July with worst monthly loss in a year

Oil prices steadied on Friday after touching three-month lows during a week-long selloff fueled by a persistent global supply glut, bringing the monthly decline to nearly 15 per cent, the biggest monthly loss in a year for US crude.

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Oil ends July with worst monthly loss in a year

Oil prices steadied on Friday after touching three-month lows during a week-long selloff fueled by a persistent global supply glut, bringing the monthly decline to nearly 15 per cent, the biggest monthly loss in a year for US crude.

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Oil edges above 3-month lows; mood bearish

Oil prices edged away from three-month lows on Tuesday, supported by a weaker dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls. International Brent crude

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Oil falls on profit booking after 3 weeks of gains

Oil prices fell over 1 per cent on Monday as traders took profits after three weeks of gains and as a jump in the dollar late last week was priced into fuel markets. Front-month Brent crude was trading at $44.60 per barrel at 0207

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