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A decline in the price of oil, U.S.

A decline in the price of oil, U.S.

A DECLINE IN THE PRICE OF OIL, U.S. Decline in U.S. crude oil prices about a dollar a barrel, under pressure from expectations of growing inventories and falling demand for diesel with the decline of extreme cold weather. dropped the price of crude Brent also with increasing signs of slowing growth in China, despite being supported by a decline in oil production in Libya and South Sudan. poll showed that commercial crude oil inventories in the United States rose last…

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Brent crude recorded a remarkable increase

Brent crude recorded a remarkable increase

BRENT CRUDE RECORDED A REMARKABLE INCREASE Prices rose contracts futures for Brent crude above $ 110 a barrel on Monday, defying losses witnessed by most of the other assets that carry a risk as a result of expectations of recovery in demand growth in the industrial countries and emerging markets. Brent crude rose 19 cents to 110.04 dollars a barrel at 0340 GMT, after at the height of the settlement for the second week in a row. U.S. oil rose 27 cents to 102.47 dollars,…

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Crude Oil up in Asian Trade on Yellen Comments, Iraq Violence

Crude Oil up in Asian Trade on Yellen Comments, Iraq Violence

By Eric Yep Crude-oil futures rose in Asian trading on Friday in line with positive sentiment in wider financial markets after the U.S. Federal Reserve Vice Chairwoman Janet Yellen hinted at continued bond buying. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at $94.17 a barrel at 0530 GMT, up $0.41 in the Globex electronic session. January Brent crude on London’s ICE Futures exchange rose $0.16 to $108.44 a barrel. Ms. Yellen, who is also the nominee to be the next Federal…

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