Wednesday 27 July 2016
 
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Crude

Oil dips to remain near 3-month lows

Oil prices dipped in Asian trading on Wednesday as plentiful supplies and slowing economic growth weighed on markets, although some analysts said that the current downtrend would be modest and see a recovery later this year. Inter

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Oil edges above 3-month lows; mood bearish

Oil prices edged away from three-month lows on Tuesday, supported by a weaker dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls. International Brent crude

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Oil prices slide on oversupply, economic headwinds

Oil prices fell on Monday, holding near two-month lows amid worries that a global glut of crude and refined products would weigh on markets for some time.   Brent crude futures were trading at $45.45 a barrel at

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Oil investors may get another shot at cheap barrels

Oil investors who missed the chance to buy crude at multi-year lows earlier this year might get another shot at securing a bargain, as prices are likely to slip in the near term before recovering more steadily, analysts said. &nbs

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Saudi Arabia regains top ranking in China crude supply

Saudi Arabia, the world's biggest oil exporter, regained its position as China's top crude supplier in June, after losing out to Russia over the previous three months, customs data showed.   China importe

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Oil rises after US stockpiles fall

Oil futures rose in early Asian trading on Wednesday after an industry group released weekly figures showing US stockpiles fell more than expected last week. Brent crude LCOc1 was up 13 cents at $46.79 a barrel at 0017 GMT. On Tue

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Oil rises after US stockpiles fall

Oil futures rose in early Asian trading on Wednesday after an industry group released weekly figures showing US stockpiles fell more than expected last week. Brent crude LCOc1 was up 13 cents at $46.79 a barrel at 0017 GMT. On Tue

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Oil futures up in Asian trade after big losses

Crude prices rose on Thursday in early Asian trading after big losses in the previous session spurred by mounting concerns that the global glut in oil is not going away soon after the latest bearish data out of the United States.

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Oil near 2-month low on economic woes

Oil fell on Monday over signs that US shale drillers have adapted to lower prices and on renewed signs of economic weakness in Asia. International Brent crude oil futures were trading at $46.38 per barrel at 0243 GMT (10:43 p.m. E

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Oil prices continue to climb, economic worries remain

Oil prices continues to rise on Thursday with Brent crude oil futures  trading at $49.30 per barrel at 1208 GMT 50 cents above their last settlement but lower than the day's high of $49.53. US West Texas Intermediate (WTI

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