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Business DayOil prices rise as OPEC seen continuing supply cuts through 2018ReutersIn China, Shanghai crude oil futures ISCc1 opened Thursday's morning session down nearly 2 percent, pushing the new market close to parity with U.S. prices. The latest d
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VoxA major oil company just agreed in court that humans cause climate change. It sets a new precedent.VoxLast week, a federal judge at the US District Court for the Northern District of California held a five-hour tutorial to lay the scientific foundation
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Libya's oil output restrainedPetroleum EconomistOil analysts collectively raised their eyebrows in late November when news emerged from Opec that Libya had joined the organisation's production cuts, reversing its much-touted expansion plans. Previo
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ReutersOil eases back from 2018 highs above $70 a barrelReuters“This was exacerbated by an appreciating U.S. dollar and an unexpected 5.3 million barrel rise in US crude oil stocks last week, as reported by the API after close of trading yesterday.” Offici
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ReutersOil backs away from $70 a barrel ahead of US inventoriesReutersU.S. oil production has risen by nearly 25 percent in the last two years to over 10 million barrels per day, C-OUT-T-EIA, taking it past top exporter Saudi Arabia and within reach of the
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ReutersOil retreats from 2018 highs above $70 a barrelReutersU.S. oil production has risen by nearly 25 percent in the last two years to over 10 million barrels per day, C-OUT-T-EIA, taking it past top exporter Saudi Arabia and within reach of the biggest
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MarketWatchOil prices fall on surprise US inventory rise; China crude volatileReutersSaudi Crown Prince Mohammed bin Salman told Reuters that Riyadh and Moscow were considering greatly extending a short-term alliance on oil curbs that began in January 2017
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ReutersOil briefly hits $71, with US supply, Middle East in focusReutersSaudi Crown Prince Mohammed bin Salman told Reuters that OPEC and Russia were working on a long-term deal to cooperate on oil supply curbs that could extend controls over supplies by m
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Financial PostChina's Oil Futures Launch With A BangOilPrice.comChina's yuan-denominated crude oil futures launched today in Shanghai with 15.4 million barrels of crude for delivery in September changing hands over two and a half hours—the length o
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Oil holds above $70 as geopolitics eclipses supply outlookReuters“The recent rally in oil prices might have taken some by surprise as the underlying fundamental picture does not justify Brent being close to $70/bbl. This view is based on the simple fact th
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