Tuesday 3 May 2016
 
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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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Oil prices stabilize after sliding on US stock build

Oil prices were broadly unchanged from their previous close in early trading on Thursday after tumbling 4 per cent a day earlier as US stockpiles rose for the first time in months on the back of high production. Following Wednesda

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Oil steady as US stocks data disappoints

Oil prices were little changed in early Asian trade on Thursday as an unexpected build in US gasoline inventories offset a higher than forecast draw in US crude inventories, while Brent was supported by buoyant manufacturing figures from Europe.

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