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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 lower on weak US and Chinese manufacturing data
On Friday, Crude Oil prices declined 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 92.10, amid demand concerns following weak US manufacturing data. In the Asian session, at GMT0300, Crude Oil is trading at 91.3, … Continue reading
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Crude Oil: Oil prices rose amid supply concerns
Crude Oil prices advanced 2.17% against the USD for the 24 hour period ending 23:00GMT, closing at 92.26, as mounting tensions between Iran and the West rekindled worries over supply disruptions. Yesterday, the Israeli Prime Minister, Benjamin Netanyahu, stated that … Continue reading
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Crude Oil: Oil fell on demand concerns
Crude Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 90.32, on demand concerns, as Euro-zone debt crisis escalated, while disappointing housing data in the US renewed worries that nation still faces headwinds, … Continue reading
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Crude Oil: Oil trading higher amid Middle-East concern
Crude Oil prices declined 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 90.92. Late yesterday, the American Petroleum Institute (API) reported that the US crude oil inventories rose 335,000 barrels in the week to September … Continue reading
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Crude Oil: trading higher ahead of the US crude oil inventories report
Crude Oil prices declined 0.99% against the USD for the 24 hour period ending 23:00GMT, closing at 92.10. Yesterday Iranian President, Mahmoud Ahmadinejad, stated that the Iran does not take seriously Israeli threats of attack, but is prepared to … Continue reading
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Crude Oil: Crude oil plunged this morning
On Friday, Crude Oil prices advanced 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 93.11. The American Petroleum Institute (API), in its monthly report, stated that the overall petroleum demand from the US continued to … Continue reading
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Crude Oil: Oil up on supply concerns
Crude Oil prices advanced 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 92.92, amid concerns over instability in the Middle East and a refinery shutdown in Venezuela. Oil prices received some support after a fire … Continue reading
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Crude Oil: Oil prices fell amid rise in the US crude oil inventories
Crude Oil prices declined 3.85% against the USD for the 24 hour period ending 23:00GMT, closing at 91.90, after more-than-expected rise in the US crude oil inventories. The Energy Information Administration (EIA) reported that the US crude oil inventories rose … Continue reading
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Crude Oil: Oil prices fell as API reported rise in the US crude oil inventories, trading flat this morning
Crude Oil prices declined 1.39% against the USD for the 24 hour period ending 23:00GMT, closing at 95.58, amid rise in the US crude oil inventories. Late yesterday, the American Petroleum Institute (API) reported that the US crude oil inventories … Continue reading
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Crude Oil: Trading lower ahead of crude oil inventories report
Crude Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 96.98. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. Meanwhile, the Iran’s Nuclear Chief, Fereydoun … Continue reading
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Crude Oil: Oil continues its rally this morning
On Friday, Crude Oil prices advanced 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 98.94, after the Federal Reserve vowed another round of stimulus to boost the economy, and as unrest in the Middle East … Continue reading
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