Saturday 5 September 2015
 
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US crude

Oil prices fall in tandem with Wall Street

Crude futures fell about 2 per cent on Friday as traders shrugged off a drop in the number of US rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. Trading volumes in crude were l

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Oil prices fall on US crude stock build

Oil fell on Thursday on an unexpected build in US crude stocks and a stronger dollar, but a recovery in Asian shares after Wall Street posted a near 2-per cent gain overnight helped support prices. Asian investors were focused on

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Oil prices fall on US crude stock build

Oil fell on Thursday on an unexpected build in US crude stocks and a stronger dollar, but a recovery in Asian shares after Wall Street posted a near 2-per cent gain overnight helped support prices. Asian investors were focused on

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Oil prices forecast to recover in 2016

Oil prices have fallen too far, too fast and should recover gradually over the next year as supply growth slows and demand recovers, a Reuters poll showed on Tuesday. Benchmark North Sea Brent crude is likely to average $62.30 a b

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Oil prices forecast to recover in 2016

Oil prices have fallen too far, too fast and should recover gradually over the next year as supply growth slows and demand recovers, a Reuters poll showed on Tuesday. Benchmark North Sea Brent crude is likely to average $62.30 a b

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Asian shares slip over downbeat China PMIs

Asian shares fell on Tuesday and the dollar struggled after twin surveys showed China's manufacturing sector in the grip of its worst slump in several years, raising fresh fears about the health of its economy. China's off

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Oil sinks 3pc as investors retreat from gains

Oil prices fell three per cent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and US crude soared more than eight per cent in the previous session. Both Brent and US crude prices

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Oil sinks 3pc as investors retreat from gains

Oil prices fell three per cent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and US crude soared more than eight per cent in the previous session. Both Brent and US crude prices

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Oil extends biggest rally in six years to top $50

World oil prices roared back to $50 a barrel in the second day of a frenetic short-covering rally on Friday, with violence in Yemen, a storm in the Gulf and refinery outages helping extend the biggest two-day rally in six years. O

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Oil near 6-1/2 year lows as China fears linger

Crude oil futures held in a narrow band on Wednesday not far off 6-1/2 year lows after China's central bank moved to support the country's stumbling economy, while concerns about a supply glut capped gains. Asian stocks fe

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