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Oil jumps above $41 as storm hits U.S. output, inventories drop

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Oil rose for a second day on Wednesday, gaining more than 2%, as a hurricane closed U.S. offshore production and an industry...

Oil prices decline as EIA reports first weekly U.S. crude-stock climb...

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(MarketWatch) Oil prices declined on Thursday after U.S. government data revealed a weekly climb in U.S. crude inventories, on the heels of...

Brent hits five-month high

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(Reuters) - Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi...

Oil rises after bigger-than-expected drop in inventories

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(Reuters) - Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts expected, bolstering...

Brent outlook for 2020 stands at $42.35 as Guyana expected to...

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New oil producer Guyana is expected to lift 2 million barrels more of Liza crude this year, representing the country’s share of 5 million...

Crude oil futures edge higher

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Crude oil futures were marginally higher in mid-morning Asian trade Aug. 7 as optimism over a better-than-expected US jobs report and pledged compensation cuts...

Oil hits 5-month high just days ahead of Guyana’s 3rd lift

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Just days ahead of Guyana lifting its third million-barrel oil cargo, Reuters said in a report on Wednesday oil prices rose to their highest...

Oil edges lower on oversupply concerns as OPEC+ set to raise...

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(Reuters) - Oil prices fell on Monday on concerns about oversupply as OPEC and its allies, together known as OPEC+, are due to pull...

Oil prices hit levels last seen in March on vaccine hopes,...

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(Reuters) - Oil rose on Tuesday, helped by positive news about vaccine trials and a European Union stimulus deal, which took prices to levels...

Oil falls on resurgence of virus cases, oversupply

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(Reuters) - Oil prices dropped on Friday and were headed for weekly declines as inventories rose and record-breaking new coronavirus cases in the United...