Wednesday 5 August 2015
 
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oil price

Oil edges up after 5pc fall, but outlook weak

Oil prices edged up in early Asian trading on Tuesday following a 5 per cent fall in the previous session, as high global production and a weakening economic outlook, especially in Asia, prompted analysts to warn of further falls.

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China slowdown ‘could further erode oil prices’

As oversupply in the crude market continues, a sudden reduction in Chinese energy consumption growth may continue to apply downward pressure to crude prices, a report said. China’s weakening economic prospects and stock mark

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Oil hits multi-month lows on record Opec output

Oil extended losses on Monday on worries of oversupply as the Organization of the Petroleum Exporting Countries (Opec) pumped at record levels in July, while weak China data stoked concerns about slower growth at the world's second largest o

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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 falls on glut fears, weaker dollar support

Oil prices fell in Asian trade on Wednesday as concerns over global oversupply outweighed the impact of a likely larger than expected draw in US crude stocks and a weakening dollar. Asian investors focused on OPEC production figur

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Oil hits 4-month low on China, glut worries

Oil prices fell close to four-month lows in early Asian trade on Tuesday after stock market sell-offs on both sides of the Pacific rattled investor sentiment about the Chinese economy, adding to concerns about a global oil glut. B

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Oil hits 4-month low on China, glut worries

Oil prices fell close to four-month lows in early Asian trade on Tuesday after stock market sell-offs on both sides of the Pacific rattled investor sentiment about the Chinese economy, adding to concerns about a global oil glut. B

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Oil hits lowest since March on glut fears

Oil prices fell on Monday after closing the previous session at their lowest levels since March on renewed oversupply concerns from the United States and Iraq, although a weaker dollar helped to limit deeper losses. Investors are

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Oil drops on stronger dollar, ample supply

Oil prices edged lower on Tuesday, dragged down by a firm dollar and ample supply of both crude and refined products. Expectations of more Iranian supply following a nuclear deal and concerns that economic worries in China and Eur

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