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ReutersOil rises after two-day fall, gains limited by stronger dollarReuters“An extended large decline in equities has been prompting investors to avoid risk assets such as oil,” said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consult
Admin 01.03.2018 0 68

ReutersOil extends declines on US inventory buildReutersSome industry sources said Wednesday's decline was also due to profit-taking by market participants at the end of the month after oil hit a three-week high earlier this week. U.S. crude inventorie
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ReutersOil steady as investors avoid risk assets on equities decline, stronger dollar weighsReuters“An extended large decline in equities has been prompting investors to avoid risk assets such as oil,” said Tomomichi Akuta, senior economist at Mitsubishi U
Admin 01.03.2018 0 64

Jamaica ObserverExxon Makes Seventh Oil Discovery Offshore GuyanaOilPrice.comExxonMobil said on Wednesday that it had made its seventh oil discovery offshore Guyana, striking a high-quality, oil-bearing sandstone reservoir that would be developed together
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ReutersTotal, Edison get Greek go-ahead for oil and gas explorationReutersTotal has shown interest in the eastern Mediterranean following major gas discoveries off Israel and Egypt. It is currently drilling for oil off Cyprus. Together with Hellenic Petrol
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ReutersOil to edge higher in 2018 as OPEC cuts help offset US supply growth: Reuters pollReuters“That its oil market is dominated by a large number of uncoordinated, private-sector firms, many of whom benefit from lower production costs than producers else
Admin 28.02.2018 0 65

ReutersOil prices fall on weak China factory data, rise in US crude stocksReutersTOKYO (Reuters) - Oil prices fell for a second day on Wednesday as weak Chinese factory data triggered concerns of an economic slowdown that could lower oil demand and, in the
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Reuters.comOil eases as possible rise in US stocks outweighs faith in OPECReuters.comThe United States will overtake Russia as the world's biggest oil producer by 2019, International Energy Agency (IEA) Executive Director Fatih Birol said on Tuesday. “
Admin 27.02.2018 0 73

ReutersOil prices give up earlier gains as rising US supply outweigh signs of demand gainsReutersThe United States will become the No.1 oil producer sometime very soon,” he told Reuters separately. U.S. output was 10.27 million barrels per day (bpd), accor
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ReutersUS oil extends gains to hold near three-week highReutersSaudi Arabian oil minister Khalid al-Falih indicated on Saturday that its crude production would be well below the production cap as the Organization of the Petroleum Exporting Countries and it
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