Crude oil prices mixed, IEA issues demand warning
Crude oil futures diverged Tuesday as the International Energy Agency warned that recent surging prices have hurt global demand for energy.
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Crude oil futures up on fresh buying support
New Delhi, Apr 7 (PTI) Crude oil prices rose by Rs 22 to Rs 4,918 per barrel in futures trade today as speculators enlarged their position on pick-up in spot demand.At the Multi Commodity exchange, crude oil for delivery in June gained Rs 22, or 0.45 per cent, to Rs 4,919 per barrel, with a business turnover of 20 lots.Likewise, the oil for delivery in April moved up by Rs 15, or 0.31 per cent …
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Morning Crude Oil Market Report for 4/6/2011
Crude oil prices were mixed during the overnight and initial morning hours, with solid gains in Brent crude oil and slight weakness in WTI. Some traders suggested that May crude oil
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Crude Oil Trades Near Two-Week High as Alliance Prepares Attacks in Libya
Oil traded near its highest price in two weeks as the U.S.-led alliance prepared to attack Libyan leader Muammar Qaddafi ’s ground forces, raising concern that exports from the nation will remain disrupted for some time.
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Crude Oil Trades Near Two-Week High as Alliance Prepares Attacks in Libya
Oil traded near its highest price in two weeks as the U.S.-led alliance prepared to attack Libyan leader Muammar Qaddafi ’s ground forces, raising concern that exports from the nation will remain disrupted for some time.
Read more on Bloomberg
Crude Oil Trades Near Two-Week High as Alliance Prepares Attacks in Libya
Oil traded near its highest price in two weeks as the U.S.-led alliance prepared to attack Libyan leader Muammar Qaddafi ’s ground forces, raising concern that exports from the nation will remain disrupted for some time.
Read more on Bloomberg
Crude Oil Six Month Forecast Promises Volatility but Not Direction
It is difficult to forecast where oil prices will be six months from now; because the market is currently wading through many unique fundamental events. Any one of these prominent catalysts could take the market’s reins; and few of these drivers currently have a clear bearing.
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Crude oil prices slip as supply fears ease
NEW YORK—Crude oil prices slipped Monday after Saudi Arabia’s reassurances of adequate supply appeared to calm fears of disruptions from the Libyan pro-democracy uprising against leader Moammar Gadhafi.
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Crude Oil Rises After Alaskan Pipeline Shutdown Cuts Production
Crude oil rose after BP Plc and its partners in the Trans-Alaska Pipeline System that carries 15 percent of U.S. output couldn’t say when production would return after the line was shut following a leak.
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Oil slips below $88 on US crude supplies, dollar
Oil prices fell below $88 a barrel Wednesday in Asia after U.S. crude supplies fell less than expected and gasoline inventories jumped, suggesting demand remains sluggish.
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