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Brent drops below $40 as renewed pandemic restrictions cloud outlook

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(Bloomberg) --Oil fell sharply with broader markets as renewed restrictions on movement in Europe clouded the outlook for consumption once again. Crude futures in New...

Oil price slides below $39 as Libya ramps up production

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(Bloomberg) --Oil extended its slide to a second day on a cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for...

Oil loses 4% after Trump gets coronavirus and economies wobble

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(Reuters) - Oil prices fell more than 4% on Friday and posted a second weekly decline after U.S. President Donald Trump tested...

Oil falls as virus count mounts, U.S. debate looms

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(Reuters) - Oil prices fell on Tuesday as Europe and the United States grappled with a surge in new coronavirus infections and...

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...