Wednesday 27 July 2016
 
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Oil prices fall on oversupply concerns despite output cuts

Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in US shale production and a probable further draw in US crude inventories.   Crude prices fell more than 1 pe

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Oil falls on persistent glut fears, China data supports

Crude futures dipped below $47 a barrel on Friday on concerns that a persistent global glut of crude oil and refined products will impede any price recovery. Losses were capped by slightly better-than-expected Chinese economic dat

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European shares fall, travel stocks hit by France attack

European stock markets fell on Friday, with the shares of travel and leisure companies dropping after an attack in the French city of Nice that killed more than 80 people. A gunman at the wheel of a heavy truck ploughed into a cro

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European shares fall, travel stocks hit by France attack

European stock markets fell on Friday, with the shares of travel and leisure companies dropping after an attack in the French city of Nice that killed more than 80 people. A gunman at the wheel of a heavy truck ploughed into a cro

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Oil falls further under $50 on Asia demand concern

Oil fell on Monday over signs that US shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia where refiners are already trimming crude runs.   Brent crude was trading

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Iraq June oil exports fall as domestic usage rises

Iraq's oil exports from the southern ports fell in June as domestic consumption rose due to demand for summer cooling, an official at the state-run South Oil Company said on Friday. Loadings from Iraq's southern oil termin

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Oil extends gains after biggest quarterly advance since 2009

Oil rose after the biggest quarterly gain since 2009 as falling US supply added to speculation the global surplus is easing, said a report. Futures gained 0.6 per cent in New York, taking its advance for the week to 2 per cent. US

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China stocks fall over 1pc on Brexit

China stocks fell more than 1 per cent on Friday as Britain's vote to leave the European Union shocked global financial markets, but the country's tight capital controls curbed the sort of heavy selling which pummelled other Asian market

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Lufthansa shares fall as CFO makes surprise exit

Lufthansa shares fell as much as 4.2 per cent on Friday after the German airline announced the surprise departure of chief financial officer Simone Menne, said a report. Menne, who turns 56 in October, will resign effective August

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Oil falls on stronger dollar; high refinery demand lends support

Oil prices fell on Friday, as a stronger dollar pulled crude off the 2016 highs hit this week, although strong refinery demand and global supply disruptions lent some support. International Brent crude oil futures were trading at

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