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ReutersOil slides towards steep weekly loss as supply fears mountReutersLONDON (Reuters) - Oil prices fell for a sixth day on Friday, and were on track for their biggest weekly losses in 10 months, as record-high U.S. crude output added to concerns about a
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ReutersOil skids to biggest weekly loss in two years amid market turmoilReutersNEW YORK (Reuters) - Oil prices slid more than 3 percent on Friday as U.S. futures fell below $60 a barrel for the first time since December on renewed concerns about rising cru
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ReutersOil slides towards weekly loss on excess supply worriesReuters“It has now become painfully clear for beleaguered oil bulls that the early-year rally was not justified,” PVM Oil Associates' Stephen Brennock said in a note. “In its place is a deep
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ReutersOil falls for sixth day as supply fears mountReuters“Bets on further rising oil and metals prices, for example by hedge funds, have climbed to excessively bullish levels,” said Carsten Menke, commodities research analyst at Swiss Bank Julius Baer. “
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ReutersOil falls below $65 as US output soars, North Sea supply restartsReutersMoney managers own more 1 billion barrels of crude oil through their holdings of U.S. and Brent futures and options. Oil prices were dented by the restart of the Forties pipelin
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ReutersOil reverses falls as North Sea outage, China demand outweigh soaring US outputReutersUntil the early 2000s, the United States was oil starved, importing a peak of 12 million bpd. But in one of the steepest rises of any oil producer in modern histor
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ReutersOil slides as US output soars and North Sea crude flows restartReutersOil prices were dented by the restart of the Forties pipeline in the North Sea, following an outage the previous day. The Forties pipeline, which carries around a quarter of all N
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ReutersOil prices fall as US output soars above 10 million bpdReutersUntil the early 2000s, the United States was oil starved, importing a peak of 12 million bpd. But in one of the steepest rises of any oil producer in modern history, U.S. output has surge
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Irish TimesTullow Oil posts first annual profit in three yearsFinancial TimesTullow Oil posted its first annual operating profit for three years on Wednesday, as rising oil prices and higher than expected production helped boost its cash flows and reduce i
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Irish TimesTullow Oil reports surprise profit after three years in the redIrish TimesIrish explorer Tullow Oil reported on Wednesday a surprise annual operating profit after three years in the red, and said it expected first oil from Kenya in 2021 or 2022.
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