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Business InsiderOil weakens as Saudi sees no need for oil summit to defend pricesBusiness InsiderBy Meeyoung Cho. SEOUL (Reuters) - Crude oil prices dipped on Friday and were poised for a weekly fall after news that top oil exporter Saudi Arabia sees no ne
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Wall Street JournalOil turns higher as traders weigh supply rise, output declineMarketWatchIn a separate report issued Wednesday, the EIA said U.S. oil production fell to a nearly one-year low in August and was likely to keep falling well into 2016. But th
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Wall Street JournalOil makes modest moves with US supply data on tapMarketWatchLate Wednesday, the American Petroleum Institute, an industry group, reported that U.S. oil inventories rose by 2.1 million barrels last week— a bearish sign of the continuing o
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Of whisky, oil and banksThe EconomistSCOTS have had plenty to worry about since their referendum on independence last September 18th. Oil prices have halved—bad news for a country where the oil and gas industry provides jobs for 200,000 people, or about 10
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Wall Street JournalOPEC Sees Weak Oil Prices Through 2015Wall Street JournalDOHA, Qatar—The Organization of the Petroleum Exporting Countries has become more pessimistic about the future of oil prices this year amid plentiful supplies and softening demand
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Wall Street JournalOPEC Sees Lower Demand for Its Oil Despite Higher Global ConsumptionWall Street JournalThe Organization of the Petroleum Exporting Countries said Monday it revised down the demand for its crude this year, to a level far below its current
Admin 13.07.2015 0 101

NDTVGulf Oil Exporters Should Cut Spending, Diversify: IMFNDTVDubai: Gulf oil exporters must reduce spending, including subsidies, and diversify their economies to cope with lower revenues caused by the sharp drop in crude prices, the International Monetar
Admin 05.05.2015 0 56