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ReutersOil steady, but set for first weekly fall in six on lingering oversupplyReutersBrent crude futures LCOc1, the international benchmark for oil prices, were at $61.23 per barrel at 0746 GMT, down 3 cents from their last close. U.S. West Texas Intermed
Admin 17.11.2017 0 60

ReutersOil prices set for first weekly fall in six on oversupply worriesReutersBrent crude futures LCOc1, the international benchmark for oil prices, were at $61.23 per barrel at 0616 GMT, down 13 cents from their last close. U.S. West Texas Intermediate (
Admin 17.11.2017 0 72

ReutersOil-linked currencies recover, polls shake poundReutersLONDON Sterling fell to a two-week low on Friday after a poll showed a narrowing lead for British Prime Minister Theresa May over her opposition ahead of elections next month, while commodity-li
Admin 26.05.2017 0 88

Why Smart Money So Long In Oil?Yahoo FinanceIn an overview of the supply/demand dynamics of the crude oil market, Nick Cunningham highlighted not only the glut in WTI, but also the product glut. “Oil and refined products inventories in the U.S. continue to
Admin 19.02.2017 0 96

Why Aren't Oil Prices $50 Ahead?Seeking AlphaInflation, at least as measured by imperfect statistics, has been all but captured by oil prices. That leads to the second mainstream proposition, where oil prices like interest rates have nowhere to go but
Admin 19.02.2017 0 102

Record High Oil Inventories Crush Hopes For $70 OilOilPrice.comAnother week brings yet more signs that the highly-anticipated oil market “balance” will not occur in the immediate future. Heading into 2017, there was a broad consensus that global oil produc
Admin 18.02.2017 0 77

ReutersOil steady, but down for the week as glut worries face OPEC cutsReutersNEW YORK Oil prices ended steady on Friday but lower on the week, with U.S. crude notching its first weekly decline in five weeks, as the market weighed rising U.S. drilling and
Admin 18.02.2017 0 74

ReutersOil prices slip as high stocks overshadow OPEC cutsReutersLONDON Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might eventually balance the market helped to underpin prices. Brent c
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ReutersOil firms as OPEC floats extended output cut; markets still bloatedReuters"Despite the headlines, the massive inventory glut in both oil and gasoline continues to thwart any upward momentum," said Stephen Innes, senior trader at OANDA in S
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ReutersAsian stocks lifted by firmer oil prices; dollar steadyReutersHONG KONG Asian stocks crept up on Tuesday thanks to a rebound in oil prices and the dollar consolidated recent gains although underlying risk appetite was cautious on concerns over capit
Admin 18.10.2016 0 71