Wednesday 25 May 2016
 
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Oil drops on surging dollar, Iran exports

Oil prices fell on Thursday, pulled down by rising US crude inventories, a stronger dollar and surging output from Iran to Europe and Asia. Brent crude futures LCOc1 were down 87 cents, or 1.8 per cent from their last settlement,

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Oil prices dip on record US inventories

Oil prices dipped on Wednesday as Canadian oil sand production was expected to gradually ramp up following forced closures due to wildfires, and as record crude inventories especially in the United States put pressure on markets.

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Oil prices fall on huge US stock build-up

Oil prices dropped on Wednesday in the wake of industry data that showed a huge build in US crude stockpiles. London Brent crude for May delivery LCOc1 was down 8 cents at $36.73 a barrel by 0117 GMT (8.17 p.m. ET), after settling

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Asia shares fall on China caution, yuan surges

Asian shares fell on Monday as Chinese stocks extended last week's sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI&#

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Oil climbs by over $1 on crude stock draw

Brent crude climbed by more than $1 a barrel on Thursday on an unexpected fall in US crude inventories and a rally in global equity markets, but a stronger dollar capped gains. Front-month Brent, the global oil benchmark, had gain

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Oil climbs by over $1 on crude stock draw

Brent crude climbed by more than $1 a barrel on Thursday on an unexpected fall in US crude inventories and a rally in global equity markets, but a stronger dollar capped gains. Front-month Brent, the global oil benchmark, had gain

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Oil prices dip further after US stock-build

Oil markets opened up weak on Thursday following sharp falls the previous session, with US contracts hovering slightly above $40 per barrel, levels not seen since the credit crunch of 2009, and globally traded Brent tested support at $47.

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Oil prices dip further after US stock-build

Oil markets opened up weak on Thursday following sharp falls the previous session, with US contracts hovering slightly above $40 per barrel, levels not seen since the credit crunch of 2009, and globally traded Brent tested support at $47.

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Oil climbs as big US stocks lift demand outlook

Oil prices extended gains in Asian trade on Thursday, after a larger than expected draw in US crude and gasoline stocks strengthened the outlook for oil demand. But gains were capped by a stronger dollar and despite the drop in oi

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Oil climbs as big US stocks lift demand outlook

Oil prices extended gains in Asian trade on Thursday, after a larger than expected draw in US crude and gasoline stocks strengthened the outlook for oil demand. But gains were capped by a stronger dollar and despite the drop in oi

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