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ReutersOil posts strongest year opening since 2014; Iran unrest pushes up crudeReutersEven without the unrest in Iran, which is a major oil exporter, market sentiment was bullish. “Falling inventories globally and strong economic growth offset the restart
Admin 02.01.2018 0 70

ReutersOil rises to mid-2015 high in strongest year opening since 2014ReutersMore fundamentally, oil markets have been supported by a year of production cuts led by the Middle East-dominated Organization of the Petroleum Exporting Countries (OPEC) and Russ
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ReutersOil marks highest January opening price since 2014ReutersGlobal oil markets have been supported by a year of production cuts led by the Middle East-dominated Organization of the Petroleum Exporting Countries (OPEC) and Russia. The cuts started in Ja
Admin 02.01.2018 0 69

FuturismVenezuela Set to Launch Its Own Oil-Backed CryptocurrencyFuturismBeyond oil, the crypto will additionally be backed by Venezuela's oil, gas, gold, and diamond reserves. While the move has been referred to as a “hail mary” stunt by some, the cou
Admin 31.12.2017 0 104

KXAN.comOil prices expected to keep rising in 2018, but it could be a rocky rideFox BusinessOil prices are likely to continue climbing in 2018 on the back of OPEC-led production cuts and a growing global economy, industry executives and analysts say. But a
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ReutersUS crude ends year above $60 on strong global oil demandReutersEarlier this year, oil prices slumped on concerns that rising crude production from Nigeria, Libya and elsewhere would undermine output cuts led by the Organization of the Petroleum Expo
Admin 30.12.2017 0 96

ReutersU.S. crude ends year above $60 on strong global oil demand - ReutersReutersU.S. oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015, as the commodity ended 2017 with a 12 percent gain spurred by s
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Seeking AlphaCrude Oil And The $60 HandleSeeking AlphaMeanwhile, the June 21 price that caused bearish sentiment in the oil market to reach a crescendo turned out to be the low for 2017. When the price moved back to $50 per barrel, only a handful of market
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Seeking AlphaOil: 2017 In Review, 2018 In PreviewSeeking AlphaSince then, a slew of positive developments have bolstered confidence in crude. OPEC has come out and said that it intends to extend its production agreement through 2018, global oil demand has
Admin 29.12.2017 0 76

Financial TimesDonald Trump berates China over oil flows to North KoreaFinancial TimesDonald Trump has rebuked China, renewing threats of aggressive trade actions against the country which he said had been “caught red handed” allowing oil supplies to reach
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