Crude prices mixed ahead of Fed, ECB meetings
(The Hindu Business Line
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31/07/2012)
Crude was mixed in Asia today as traders were expecting additional stimulus to be announced during the two-day Federal Reserve meeting which starts today as well as at the ECB meet on Thursday, analysts said. New York’s main contract, light sweet crude
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Oil Set for First Monthly Gain in Three as Central Banks to Meet
(Bloomberg
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31/07/2012)
Oil in New York headed for the first monthly increase since April before meetings of central bank policy makers to discuss the economy and a report tomorrow that may show U.S. stockpiles declined. Futures swung between gains and losses today. The
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Oil Rises for Fifth Day on Stimulus Outlook, Middle East Unrest
(Bloomberg
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30/07/2012)
Oil climbed to the highest level in a week in New York on speculation that U.S. and European policy makers will act to boost growth and concern that unrest in the Middle East may spread and disrupt supplies. Futures rose for a fifth day, heading for the
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Crude Oil Ends Higher On Eurozone Optimism
(RTT News
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29/07/2012)
U.S. crude oil settled higher Friday for fourth straight day, mostly as investor hopes on Europe further strengthened after assurances from German Chancellor Angela Merkel and French President Francois Hollande that they would do everything possible to
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Oil Prices on Hopes for Economic Stimulus
(FOXBusiness
-
29/07/2012)
Oil prices rose a fourth day on Friday on hopes for more stimulus from the U.S. Federal Reserve after data showed U.S. economic growth slowed in the second quarter as expected. Dollar-denominated crude futures saw choppy trading as the euro and dollar
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OIL FUTURES: Nymex Crude Oil Edges Higher on Euro Hopes
(The Wall Street Journal
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29/07/2012)
Crude-oil futures edged upward Friday despite mediocre U.S. financial indicators after the euro zone garnered its latest vote of confidence from key European political leaders. Front-month crude-oil futures at the New York Mercantile Exchange settled at
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Crude Up On Risk Appetite; US GDP Estimate Eyed
(The Wall Street Journal
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29/07/2012)
Crude-oil futures were trading higher Friday, as Thursday's comments by the European Central Bank president about doing everything possible to solve the euro-zone's crisis continue to provide strong support to prices, analysts said. For more on this
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Crude Rises in Asia as ECB President's Comments Weigh on Dollar
(The Wall Street Journal
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29/07/2012)
Crude-oil futures rose in Asian hours Friday, helped by a weaker U.S. dollar after European Central Bank President Mario Draghi suggested the bank is willing to restart its bond-buying program to help ease the euro-zone financial crisis. For more on
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Crude Rallies on Euro Comments, Stimulus Speculation
(The Wall Street Journal
-
29/07/2012)
Oil prices rose somewhat Thursday on reassuring comments from the European Central Bank president and renewed hopes of an economic stimulus. Nymex front-month oil futures for September delivery settled at $89.39 Thursday, up 42 cents, or 0.4%. Brent
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India June Crude-Oil Imports Fall 1.9% on Year to 13.67 Million Tons
(FOXBusiness
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29/07/2012)
India's crude-oil imports fell 1.9% in June from the same month a year earlier to 13.67 million metric tons, or 3.34 million barrels a day, government data showed. In June 2011, India imported 13.94 million tons. Last month, India imported 1.03 million
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Oil futures stage last-minute comeback
(MarketWatch
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29/07/2012)
Crude-oil futures ended higher Wednesday, changing direction in the last half-hour of floor trading and shaking off concerns after a surprise increase for weekly crude supplies and above-estimate increases for crude products such as gasoline. For more
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Oil Trades Near Week’s High on Euro Pledge, U.S. Economy Outlook
(Bloomberg
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27/07/2012)
Oil rose from the highest close in almost a week in New York after the head of the European Central Bank predicted the euro will survive and reports signaled improving economic prospects in the U.S. and China. Futures were up as much as 0.6 percent after
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Oil Falls First Day in Three in New York as U.S. Stockpiles Rise
(Bloomberg
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26/07/2012)
Oil dropped for the first time in three days in New York on concern rising stockpiles in the U.S., the world’s biggest crude consumer, signal faltering demand. Futures slipped as much as 0.5 percent after gaining 0.5 percent yesterday. Crude inventories
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Brent steady, Middle East strife offsets Europe gloom
(The Economic Times
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25/07/2012)
Brent crude oil gained slightly on Wednesday, as concern about threats to oil supply from the Middle East offset worries about oil demand from the euro zone. Brent crude added 13 cents to $103.55 a barrel by 0852 GMT while US crude was down 2 cents to
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Oil down in Asia as euro zone woes keep up
(Business Standard
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25/07/2012)
Oil prices fell in Asian trade today as persistent worries over the eurozone's debt crisis hit sentiment, analysts said. New York's main contract, light sweet crude for September delivery, declined by 18 cents to $88.32 a barrel in morning trade and
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Brent crude dips to $103/barrel on Euro Zone debt crisis
(The Hindu Business Line
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25/07/2012)
Oil prices fell in Asian trade today as persistent worries over the Euro Zone’s debt crisis hit sentiment, analysts said. New York’s main contract, light sweet crude for September delivery, declined 18 cents to $88.32 a barrel in morning trade and Brent
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Crude Trades Near One-Week Low on Worsening European Crisis
(Bloomberg
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24/07/2012)
Oil erased gains in New York to trade near its lowest in a week amid concern that Europe’s debt crisis is deepening and will cut demand for fuels. West Texas Intermediate pared an earlier advance of as much as 0.9 percent. The euro fell for a fifth day
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Sinopec crude oil output up 5pct YoY in H1
(China Knowledge
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24/07/2012)
China Knowledge reported that Sinopec Corp, the largest refiner in Asia by capacity produced 163 million barrels of crude oil in the first half of 2012 reflecting a YoY increase of 4.33%. The refiner saw its domestic crude oil output rose 1.16% YoY to
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Oil Advances From One-Week Low on China Manufacturing
(Bloomberg
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24/07/2012)
Oil rebounded from the lowest close in a week in New York after a Chinese manufacturing index signaled an economic slowdown may be easing in the world’s second-largest crude user. Futures increased as much as 0.7 percent after slipping 4 percent
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Oil drops for first time in 8 days on European debt
(The Economic Times
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23/07/2012)
Oil fell for the first time in eight days on concern that European governments aren't doing enough to contain the worsening debt crisis, raising speculation that demand will slip. Prices dropped from a two-month high as Spain's cost of borrowing rose to
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Brent crude sinks to $106 per barrel on Euro Zone woes
(The Hindu Business Line
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23/07/2012)
Oil fell in Asian trade today as concerns over the Euro Zone’s debt woes pressure financial markets, including commodities, analysts said. New York’s main contract, light sweet crude for September delivery, sank $1.13 to $90.70 a barrel, while Brent
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Oil Drops a Second Day on China Slowdown, Europe Crisis
(Bloomberg
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23/07/2012)
Oil dropped for a second day amid speculation fuel demand will falter as China’s economy slows and Europe struggles to control its debt crisis. Futures slid as much as 1.5 percent after a Chinese central bank adviser said the nation’s economy may cool
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Mideast Tensions Drive Oil Back Above $90
(The Wall Street Journal
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22/07/2012)
Crude oil surged 3.1% Thursday on renewed fears about Middle East tensions following the latest flare-up between Israel and Iran. Light, sweet crude for August delivery rose $2.79 to settle at $92.66 a barrel on the New York Mercantile Exchange. Prices
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Crude oil futures fall to Rs 5,107 per barrel
(The Hindu Business Line
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22/07/2012)
Crude oil futures prices fell 0.39 per cent to Rs 5,107 per barrel today largely in tandem with a weakening trend in Asian trade. At the Multi Commodity Exchange, crude oil for delivery in August shed Rs 20 or 0.39 per cent to Rs 5,107 per barrel with a
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Oil extends 7-day streak, at best since mid-May
(MarketWatch
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22/07/2012)
Crude-oil futures rallied Thursday, ending at their highest since mid-May to cap a seventh day of gains as traders reacted to a flare-up in Middle East strife. Crude for August delivery gained $2.79, or 3.1%, to settle at $92.66 a barrel on the New York
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