Sunday 24 July 2016
 
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Crude

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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DGCX announces listing of Dubai India Crude Oil Quanto futures

DGCX, the Middle East region’s first derivatives exchange, today announced the listing of Dubai India Crude Oil Quanto futures.   DGCX listed the Dubai India Crude Oil Quanto Futures (DICO) on July 1. The k

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Egypt reduces arrears owed to foreign oil firms to $3.4bn

Egypt has reduced the arrears it owes foreign oil companies to $3.4 billion in 2015/16 from $3.5 billion a year earlier, Petroleum Minister Tarek El Molla told Reuters on Monday.   El Molla also said that Egypt r

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Global stock, oil prices gain as Brexit jitters recede

Stock markets around the world rebounded for the second straight day on Wednesday as fears about last week's Brexit vote eased and investors wagered central banks would ultimately ride to the rescue with more stimulus. Fading

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Oil extends decline over Brexit concerns

Oil prices dropped around half a per cent on Monday, extending sharp declines after Britain's vote to leave the European Union sparked a sharp selloff in global markets on Friday amid concerns over risk aversion. Global financ

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