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Oil prices fall slightly ahead of inventory jump in New York market

It is reported that light, sweet crude oil prices for November delivery edged down on the New York market October 14 awaiting release of the weekly government crude oil and product inventory report, which was delayed 1 day later than ...

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Oil prices fall after inventory data show a big build

Crude oil tanks filled last week, and prices swung lower on Thursday. The U.S. Energy Information Administration said that stocks of oil across the country rose by 7.6 million barrels in the week ending Oct. 9, bringing the total amount ...

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Oil prices fall on slowing global economic growth outlook

Oil prices dropped in Asian trading hours on Monday despite a fall in US drilling activity for the fourth straight week, with analysts pointing to a poor economic growth outlook as the main reason for low crude prices. China’s August ...

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Oil prices fall on surprise US inventory build and equity rally aids

Oil fell on Thursday on a surprise build in U.S. inventory levels and a firm dollar, but a recovery in Asian shares after Wall Street posted a near 2% gain checked losses. Mr Jonathan Barratt, chief investment officer at Sydney’s ...

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Oil prices fall on less gas demand and growing glut

Oil prices resumed falling after US stockpile data showed a surprise drop in gasoline demand and record supplies of crude oil and petroleum products. The data reaffirmed growing concerns that the global oil market will remain awash in crude through ...

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Oil Prices Fall on Strong Shale Supply

LONDON—Oil prices slid on Friday on concerns over the resilient U.S. crude production and a deal between Iran and the West that could unlock millions of barrels of crude on to the oversupplied world market. The number of U.S. oil-drilling ...

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Oil prices fall in Asian trade as China PMI weakens demand outlook

Crude-oil futures fell in Asian trade Monday after China’s official purchasing managers index showed modest gains in May, damping the demand outlook for one of the world’s largest consumers. Traders booked profits as US GDP data issued Friday showed a ...

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