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Oil falls as Sachs warns on oversupplyOil prices fell early on Tuesday as analysts including Goldman Sachs warned that August's price rally had been overdone, and that a proposed oil production freeze at current near record levels would not help rein in an oversupplied market. More… |
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Oil falls as Sachs warns on oversupplyOil prices fell early on Tuesday as analysts including Goldman Sachs warned that August's price rally had been overdone, and that a proposed oil production freeze at current near record levels would not help rein in an oversupplied market. More… |
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China Feb exports post worst fall since May 2009China's February trade performance was much worse than economists had expected, with exports tumbling the most in over six years and imports also sliding. China's February trade performance was much worse than economists h More… |
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Oil falls on US storage glut, economic woesOil prices slid on Thursday as record US crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half of the ye More… |
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Oil falls on US storage glut, economic woesOil prices slid on Thursday as record US crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half of the ye More… |
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Oil falls more than 2pc after Goldman cuts forecastsOil prices fell more than two per cent on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit. &nb More… |
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Goldman Sachs plans debut sukuk issue for $500mGoldman Sachs is reviving plans to raise at least $500 million with its first issue of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money. The US bank will mee More… |
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ADCB hires Goldman to sell $1.4bn RHB stakeAbu Dhabi Commercial Bank (ADCB) has hired Goldman Sachs to sell its 25 per cent stake in Malaysian bank RHB Capital valued at $1.4 billion, two sources with direct knowledge of the matter told Reuters on Saturday. ADCB had shortlisted thr More… |
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Oil above $70 after hitting 5-month lowOil rose above $70 a barrel on Tuesday in a cautious rebound after hitting a five-month low the previous day on concerns about the health of the global economy. But the trend remains uncertain because of persistent investor jitters over th More… |
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Kuwait sees oil price in $75-$90 rangeOpec-member Kuwait sees oil trading in the forseeable future in a range of $75 to $90, the country's oil minister said on Tuesday. "They will be within this range," Sheikh Ahmad al-Abdullah al-Sabah told reporters at Kuwait's parliam More… |
