Sunday 1 May 2016
 
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Oil prices hit fresh 2016 highs on weak dollar

Oil prices edged to new 2016 highs on Friday, lifted by a weak dollar and falling production in the US, although a looming rise in Middle East output capped gains. Brent crude futures were trading at $48.30 a barrel at 0644 GMT, u

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Oil hits 2016 high, led by falling output

Oil hit its highest level this year on Wednesday, driven by a falling dollar and evidence of declining US supply, putting the price on course for its strongest monthly performance since last April. Brent crude futures were up $1.0

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Oil up 1.1pc, at 2016 highs on weak dollar

Crude oil futures rose half a dollar in early Asian trading on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month's bull-run could soon run out of steam.

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Oil up 1.1pc, at 2016 highs on weak dollar

Crude oil futures rose half a dollar in early Asian trading on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month's bull-run could soon run out of steam.

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G20 worried by 'modest' global growth

Financial leaders from the Group of 20 nations said on Friday they were heartened by a recent recovery in financial markets, but warned that global growth was "modest and uneven" and threatened by weakness in commodities-based economie

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Oil falls on producer meeting doubts

Oil futures traded lower on Wednesday on concerns that a producer meeting set for Sunday in Doha to discuss freezing output will do little to trim oversupply as well as a strengthening dollar. Brent crude was down 41 cents at $44.

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Iran to be blocked from US financial system

A senior State Department official reassured concerned lawmakers on Tuesday that the Obama administration is not planning to allow Iran access to the US financial system or use of the US dollar for transactions. "The rumours

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Oil hits one-month low as hopes of supply curb fade

Oil prices hit one-month lows as prospects of top exporters agreeing to curb chronic oversupply faded, while other commodities also lost ground as the dollar steadied after Friday's strong US data. Shares rose in Europe and As

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Oil hits one-month low as hopes of supply curb fade

Oil prices hit one-month lows as prospects of top exporters agreeing to curb chronic oversupply faded, while other commodities also lost ground as the dollar steadied after Friday's strong US data. Shares rose in Europe and As

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Asia shares led lower by Japan, dollar still groggy

Asian shares and the dollar both lost more ground on Friday as investors began the new quarter in a cautious mood, with glimmers of life in China's economy offset by a darkening mood in Japan.   Activity in C

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