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GENE MCGILLIAN
Crude oil prices climb as US economic data lends supportUS West Texas Intermediate (WTI) crude rose 22 cents, or 0.6 per cent, to $38.23.- Crude oil prices jump 4% on lower US stocks, firmer demandBrent crude futures were up $1.38, or 3.98 per cent, at $36.03 per barrel.
- Asian stocks edge higher as economies emerge from lockdownIn reduced trade, with China, Japan and South Korea on holiday, Australia's ASX 200 rose 1.26% and Hong Kong's Hang Seng climbed 0.66%.
- Oil prices surge after US crude inventories rise less than fearedBrent crude futures were up $2.23, or 11 per cent, at $22.69 a barrel.
- Oil prices gain as market awaits signals on trade talksOil is down 14% since an April peak as the spat between Beijing and Washington over trade dents demand and global inventories swell.
- Oil slumps 5%, US crude at its cheapest since MarchWorld shares were deep in the red as concerns grew the China-U.S. trade conflict was fast turning into a technology cold war between the wo...
- Oil optimists stay the course even as demand headwinds loomLong-only bets on an increase grew by 5 per cent, the most since July.
- Oil caps worst week since February as Iran supply fears subsideFutures slumped 6.3 percent this week, the biggest drop since early February.
- Oil bulls see demand taking a big hit from soaring crude pricesHedge funds cut bets on rising West Texas Intermediate crude prices for a 6th straight week.
- Oil resurrection sets stage for another Opec-shale clashTug of war between Opec and the US may restrict prices from trading above $60
- Crude falls as Federal Reserve ends its asset-purchase programWest Texas Intermediate oil fell after the Federal Reserve ended its asset-purchase program and US crude production surged to the highest l...
- Oil dips in jittery trade after second US crude oil stock buildPrices rose and fell several times, even after the US Energy Information Administration said crude inventories rose by 7.11 million barrels.
- US crude, Brent rise on Ukraine risk, new EU sanctionsAny sign of progress towards a final resolution to the West's dispute with Tehran would pressure oil prices on anticipation of a ramp-up in...
- Crude oil falls as China industrial growth slowsCrude oil dropped as China’s industrial production trailed estimates and after Saudi Arabian crude output climbed from a 20-month low last ...
- Oil drops for first time in 8 days on European debtOil fell for the first time in eight days on concern that European governments aren't doing enough to contain the worsening debt crisis, ra...
- Crude oil gains on hope us demand will expandOil gained over the weekend as claims for US unemployment benefits dropped to a four-year low and equities pared losses, raising hopes that...
- Oil prices lower as tension eases over EgyptThe violent anti-government demonstrations in Egypt last week settled down after government officials negotiated on Sunday with opposition ...
- Oil tumbles below $40 for first time since 2004Oil prices tumbled below $40 despite an announcement from OPEC of a record production cut. Rise & fall of dollar | 2008: Year of crisis | C...
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