Brent

Brent oil price raises above $49

The prices of September futures for Brent oil have risen by 1.2% to $49.04 per dollar on the ICE Exchange in London. Earlier, oil overstepped the mark of $49 in July 2017, TASS recalls. …

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Brent oil falls below $47

Oil prices fell more than 2% today after data showed U.S. production rose last week just as OPEC exports hit a 2017 high, casting doubt on efforts by producers to curb oversupply. Global benchmark Brent futures were down $1.07, or 2.2%, …

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Oil rally fizzles on OPEC doubts

Crude oil prices come under pressure from doubts over whether or not there's an enduring appetite to voluntarily keep production levels lower

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Oil prices extend gains on dip in US output

Crude oil futures on Friday were on track for their biggest weekly gain since mid-May, ending five weeks of losses with prices underpinned by a decline in U.S. output. As of 7:44, a barrel of Brent oil rose in price by 0.57% to $47.90. …

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Oil rises, but US drilling drags

Oil prices rose early on Monday, but an increase in U.S. drilling activity stoked worries that a global supply glut will persist despite an OPEC-led effort to curb output. As of 08:36am (MSK), Brent for August settlement gained as …

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Dollar exceeds 60 rubles again

Today the US currency during the trading process at the Moscow Stock Exchange has crossed its psychological barrier of 60 rubles for the first time since February 2017. The cost of the euro has crossed the barrier of 67 rubles for the first …

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Oil prices hit 2016 lows

Oil prices fell to seven-month lows on Tuesday after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and others to support the market through reduced output.

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Oil bounces but stuck near 2017 lows on supply overhang

Oil prices edged up from 2017 lows on June 16 but an ongoing supply excess put them on track for their fourth consecutive week of losses despite OPEC-led production cuts to support the crude market. Brent crude futures were up 42 cents …

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Oil prices set new anti-records

Oil prices tumbled to a 7-month low on June 15 after gasoline inventories unexpectedly rose and crude stockpiles fell less than expected last week. As of 14:43 (MSK), Brent for August settlement fell by 0.21% to $46.90 per …

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 Oil drops as US crude stockpiles extended gains

Oil resumed its decline as industry data showed US crude stockpiles extended gains, exacerbating an inventory overhang. West Texas Intermediate for July delivery slid as much as 1.1% to $45.99 a barrel on the New York Mercantile …

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Oil prices rise over declining US output

As of 08:23 (MSK) the prices of August futures for Brent oil increased by 0.75% to $48.42 per dollar on the ICE Exchange in London. The July futures for WTI oil rose by 0.66% to $46.02 per barrel at the New York Mercantile Exchange (NYMEX), RIA …

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Oil prices rise as Arab nations cut ties with Qatar

Oil prices are on the rise after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain cut ties with Qatar, accusing it of financing terror and undermining security. Concerns that political instability in the important oil-producing …

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