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Latest Articles in oil prices

Emerging Economies Like India More Vulnerable To Big Oil Price Moves: Report

According to the report, when rise in oil prices are driven more by supply-side factors it is more damaging to large net oil importers.

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Oil Gains On Signs Of Thaw In US-China Trade War, Inventory Fall

Brent crude futures rose 23 cents, or 0.4 per cent, to $61.04 a barrel by 0650 GMT. US West Texas Intermediate (WTI) futures was up 28 cents, or 0.5 per cent, to $56.03 a barrel.

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Oil Prices Gain After Bigger-Than-Expected Fall In US Stockpiles

Iran’s oil exports were slashed by more than 80 per cent due to re-imposed sanctions by the United States.

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Oil Rises, Set For Weekly Gain Amid Hopes For End To US-China Trade War

Brent crude was up 17 cents, or 0.3 per cent, at $61.12 a barrel by 0408 GMT, while U.S. West Texas Intermediate (WTI) crude was up 16 cents, or 0.3 per cent, at $56.46 a barrel.

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Oil Prices Recover Some Ground, But Economic Concerns Weigh

Brent crude was up 12 cents, or 0.21 per cent, at $58.38 a barrel by 0425 GMT, while U.S. West Texas Intermediate futures gained 20 cents, or 0.37 per cent, at $54.14 at barrel.

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Oil Prices Fall As Market Eyes Trade War, Awaits Stocks Data

"Oil will struggle to make substantial headway topside this week with no progress on trade talks or meetings even, soft data from Asia and a possible cracking of OPEC's resolve to control production," said Jeffrey Halley, senior market analyst at OANDA.

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Global Markets: Asia Stocks Dented By Trade War, Brexit Showdown Paralyses Pound

MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.7 per cent. India, closed on Monday, led losses, with the benchmark dropping 1 per cent following worse-than-expected economic growth data on Friday.

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Oil Set For Biggest Weekly Gain Since July On Trade Dispute Hopes

Brent crude was up 8 cents, or 0.1 per cent, at $61.16 a barrel, by 0420 GMT after adding 1 per cent on Thursday. Brent is heading for a gain of 3 per cent this week.

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Oil Gains, Led By US Crude, As Recession Worries Ease

Brent crude futures climbed 42 cents, or 0.7 per cent, to 59.93 a barrel by 0220 GMT. West Texas Intermediate (WTI) crude futures gained 56 cents, or 1 per cent, to USD 55.49 a barrel.

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Oil Rises As Hopes Grow For US-China Trade Breakthrough

Brent crude was up by 26 cents, or 0.4 per cent, at $58.96 a barrel by 0636 GMT, after falling 1 per cent in the previous session, dropping for a third day in a row.

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Oil Prices Nudge Higher, Eyes On Speech By Fed Chair

Brent crude rose 29 cents, or 0.5%, to $60.21 a barrel by 0629 GMT, while U.S. crude futures were at $55.53 a barrel, up 18 cents, or 0.3%. Both contracts were on track for a second week of gains.

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Oil Rises More Than 1% As Recession Fears Recede

Brent crude was up 68 cents, or 1.2%, at $58.91 a barrel at 0650 GMT, after falling 2.1% on Thursday and 3% the previous day.

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Oil Prices Drop On Weak China Economic Data, US Stocks Rise

Brent crude was down 64 cents, or 1 per cent, at $60.66 a barrel at 0446 GMT, after rising 4.7 per cent on Tuesday, the biggest percentage gain since December.

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Oil Edges Up On Expectations Of More OPEC Output Cuts, But Trade Worries Linger

OPEC and its allies including Russia agreed in July to extend their supply cuts until March 2020 to boost oil prices.

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Oil Sets New Seven-Month Low On Trade Tensions

Brent crude futures were down 70 cents, or 1.2 per cent, at $ 58.26 a barrel by 1205 GMT, setting a fresh seven-month low. Prices have lost more than 20 per cent since hitting their 2019 peak in April.

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