Tuesday 17 July 2018
 
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Brent falls after hitting $70 for first time in 3 years

Brent crude oil prices on Friday fell from the high of $70 per barrel reached on Thursday for the first time since December 2014.   Brent crude futures were at $69.11 a barrel, down 15 cents, or 0.2 percent, from

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Oil price to average at $55 in 2018: S&P

S&P Global Ratings has raised its price assumptions for Brent crude oil to $55 for 2018, while West Texas Intermediate (WTI) and Henry Hub natural gas assumptions remain unchanged for 2018 and 2019. In an article titled "

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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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