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Latest Articles in oil

Global Markets: Asia Stocks Rise, Oil Rebounds But China Virus Toll Mounts

Euro Stoxx 50 futures were down 0.19%, German DAX futures were down 0.04%, while FTSE futures were down 0.29% in a sign European equities are poised for a cautious start to trading.

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Oil Falls For Sixth Day As China Virus Raises Global Growth, Demand Concerns

Oil investors are concerned travel advisories, other restrictions and any sizable impact on growth.

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Oil Prices Fall Nearly 1% As Supply Concerns Ease

Brent crude was down 62 cents, or nearly 1 per cent, at $64.58 per barrel by 0646 GMT, after rising to its highest in more than a week on Monday.

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Oil, Gold Prices Surge After Iran Targets US Troops In Iraq

Investors remained on high alert for any signs of a clash between the United States and Iran that threatens oil supplies in the Middle East.

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Oil Skids 1.5% As Investors Recalibrate Risk Of Mideast Disruption

Brent crude fell as much as 1.5 per cent to $67.86 a barrel and was at $68.14, down 77 cents, at 0550 GMT.

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Global Markets: Asia Stocks Rally, Oil Skids As Investors Reassess Mideast Risk

Equities went the other way as MSCI's broadest index of Asia-Pacific shares outside Japan added 0.7 per cent, recouping almost all of Monday's losses.

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Oil Rises, Supported By Trade Deal, OPEC Cuts

West Texas Intermediate was up 20 cents, or 0.3 per cent, at USD 61.31 a barrel.

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Oil Steadies On US-China Trade Hopes, Supply Cuts

Brent crude, the global benchmark, slipped 12 cents to $65.22 a barrel by 0945 GMT, while US West Texas Intermediate crude eased 14 cents to $60.07.

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Oil Hits Three-Month High As Trade Hopes, UK Election Lift Sentiment

Brent crude, the global benchmark, climbed to $64.95 a barrel, the highest since Sept. 23, and as of 1000 GMT was up 71 cents at $64.91. U S West Texas Intermediate crude gained 52 cents to $59.70.

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Reliance, ADNOC Sign Pact To Explore Development Of Ethylene Dichloride Facility In Ruwais

EDC is a basic building block for the manufacture of polyvinyl chloride (PVC), a polymer product that plays a critical role in the housing and agriculture sectors.

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Oil Rises Amid Optimism Over OPEC Supply Cuts, Hopes On US-China Trade

OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.

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Growth In Global Oil Demand To Slow From 2025: IEA

Demand is then seen increasing by 0.1 million bpd a year on average during the 2030s to reach 106 million bpd in 2040.

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Oil Slips As US-China Trade Deal Hopes Dwindle

A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.

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Oil Slips On Huge US Crude Build; Hopes For US-China Trade Talks Check Losses

US crude inventories rose by 4.3 million barrels in the week ended Nov 1 to 440.5 million barrels.

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