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Latest Articles in oil prices

Oil Falls As Coronavirus Spread Beyond China Heightens Demand Fears

Brent crude was down 28 cents, or 0.5%, at $59.03 a barrel by 0332 GMT, while U.S. crude was also off by 28 cents, or 0.5%, at $53.60 a barrel.

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Oil Rises On Supply Worries, While Virus-Led Demand Concerns Ease

Brent crude futures rose 45 cents, or 0.8%, to $59.57 a barrel by 0208 GMT. The international benchmark rose 2.4% on Wednesday.

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Oil Inches Higher, But Gains Capped By Widening Economic Impact Of Coronavirus Outbreak

Brent crude was up by 6 cents at $57.81 a barrel by 0149 GMT, while U.S. oil was up 7 cents at $51.97 a barrel. Both contracts started the Asian session trading lower.

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Oil Falls Below $57 On Coronavirus Hit To Demand, OPEC+ Delay

Brent crude was down $1.04 at $56.63 a barrel by 0940 GMT. The contract had rallied in the previous five sessions. U.S. West Texas Intermediate crude fell 83 cents to $51.22.

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Global Markets: Asian Shares Near Three-Week Highs On Chinese Support Measures; Japan Skids

Oil futures were mixed with Brent crude flat at $57.32 a barrel and U.S. crude adding 9 cents to $52.14.

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Oil Prices Slip Ahead Of Data Pointers On Impact Of Coronavirus On Demand

Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2% last week, the biggest weekly gain since September 2019.

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Oil Prices Slip Ahead Of Data Pointers On Impact Of Coronavirus On Demand

Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2% last week, the biggest weekly gain since September 2019.

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India's Curbs On Malaysian Palm Imports Stir Up Edible Oil Trade

Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85% from a year earlier to 46,876 tonnes, the lowest since 2011.

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Oil Prices Steady But Set For Weekly Gain On Supply Cut Optimism

Brent crude futures fell 9 cents to $56.25 a barrel by 0234 GMT, after gaining 1% the previous session. Brent is 3.3% higher for the week, the first increase since the week of Jan. 10.

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Oil Demand Set For First Fall In A Decade As Virus Takes Toll - IEA

Chinese refiners were set to slash runs by 1.1 million bpd in the first quarter, with throughput in 2020 contracting by 500,000 bpd year on year.

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Oil Prices Mixed As Demand Concerns Outweigh Output Cut Expectations

Brent crude fell 6 cents, or 0.1%, to $55.73 per barrel at 0735 GMT. U.S. West Texas Intermediate (WTI) was up 5 cents, or 0.1%, to $51.22 a barrel.

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Oil Rises For Third Day As Coronavirus Impact May Spur Output Cuts

Brent crude rose 17 cents, or 0.3%, to $55.96 per barrel at 0217 GMT. U.S. West Texas Intermediate (WTI) rose 29 cents, or 0.6%, to $51.46 a barrel.

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Global Markets: European Stocks Reach Record Highs On Hopes Virus Is Peaking

Brent crude futures gained 64 cents to $53.91 a barrel. U.S. crude rose 50 cents to $50.07.

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Oil Rebounds Amid Broad Market Recovery; Investors Still Wary

Oil supplies out of Brazil have also been growing, with Petrobras having hit a new production record in the last quarter of 2019 at more than 3 million barrels of oil equivalent per day.

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Oil Prices Edge Down As Traders Assess China's Oil Demand, Await OPEC+ Cuts

Brent crude slipped to $53.63 a barrel in early Asian trade, the lowest since January 2019, before recovering to $54.37 by 0517 GMT, down 10 cents.

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