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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
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Crude Oil: Oil prices trading lower in the Asian session
On Friday, Crude Oil prices declined 0.49% against the USD for the period ending 21:00GMT, closing at 92.81, as investor sentiment dented over the uncertain outlook for growth in the world’s largest oil consumers, the US. In the Asian … Continue reading
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Crude Oil: Oil advanced on US unemployment claims data
Crude Oil prices advanced 1.89% against the USD, extending its previous session’s rally, for the 24 hour period ending 23:00GMT, closing at 93.27, as investor sentiment improved after the US Department of Labor showed that less Americans filed for unemployment … Continue reading
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Crude Oil: Oil rose as crude stockpiles increased less-than-expected
Crude Oil prices jumped 2.30% against the USD for the 24 hour period ending 23:00GMT, closing at 91.54, after the US Energy Information Administration reported that crude supplies climbed by 900,000 barrels for the week ended April 19, which … Continue reading
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Crude Oil: Oil advanced as US crude stockpiles decreased; trading lower this morning
Crude Oil prices advanced 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 89.48, after the API registered an unexpected drop in crude stockpiles last week. Late yesterday, the American Petroleum Institute (API) reported that, … Continue reading
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Crude Oil: Oil edged up on the back of bargain hunting
Crude Oil prices advanced 1.44% against the USD for the 24 hour period ending 23:00GMT, closing at 89.37, as investors indulged in bargain hunting following last week’s plunge in oil prices. In the Asian session, at GMT0300, Crude Oil is … Continue reading
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Crude Oil: Oil trading higher in the Asian session
On Friday, Crude Oil prices declined 0.28% against the USD for the period ending 21:00GMT, closing at 88.01. However, losses were limited amid speculation that the Organization of the Petroleum Exporting Countries may hold an emergency meeting to discuss … Continue reading
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Crude Oil: Oil trading higher in the Asian session
Crude Oil prices declined 3.14% against the USD for the 24 hour period ending 23:00GMT, closing at 86.16. Yesterday, the Energy Information Administration (EIA) reported that, for the week ended April 12, crude supplies fell 1.2 million barrels. Distillate … Continue reading
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Crude Oil: Big drop in US crude oil inventories last week, reports API
Crude Oil ended its losing streak and advanced 1.84% against the USD for the 24 hour period ending 23:00GMT, closing at 88.95, as the API registered a drop in crude supplies. Late yesterday, the American Petroleum Institute (API) reported that … Continue reading
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Crude Oil: Oil extended its fall on weak China, US data
Crude Oil prices declined 3.49% against the USD for the 24 hour period ending 23:00GMT, closing at 87.34, as disappointing economic data from China and the US, the world’s biggest crude oil consumers, raised doubts over the strength of … Continue reading
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Crude Oil: Oil trading lower on weak Chinese GDP data
On Friday, Crude Oil prices declined 2.81% against the USD for the period ending 21:00GMT, closing at 90.84, as weak US confidence and retail data raised concern over demand prospects. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading
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Crude Oil: IEA trimmed growth forecast for Oil
Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 93.47, after the International Energy Agency once again lowered its outlook for global oil demand in 2013, citing weaker fuel usage in … Continue reading
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