Oil prices have fallen significantly in this week's sell off. There could also be more downside for oil as data suggests lower rather than higher prices.
Front-month Brent crude oil futures LCOc1 were trading down 46 cents, or 0.6 percent, at $77.16 a barrel at 0745 GMT.
U.S. West Texas…
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Oil
Oil prices slipped in thin trading on Wednesday as investors took profit from the previous session's rally, although supply disruptions in Brazil and Libya helped to limit the losses.
Brent futures for December delivery had fallen 13 cents to $50.41 at barrel by 0546 GMT, after ending the last…
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U.S. crude futures edged up early on Tuesday, but the market outlook remains bearish as supply still exceeds demand and due to worries the dollar will strengthen when the U.S. Federal Reserve eventually raises interest rates.
Benchmark U.S. crude futures CLc1 were trading at $46.27 per barrel at…
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Crude futures dropped in Asian trading on Friday after the release of a report showing that U.S. economic growth had slowed sharply, reinforcing concerns about sluggish demand in a world awash with oil.
U.S. economic growth braked sharply in the third quarter as businesses cut back on restocking…
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Oil prices extended gains into a second day in Asian trade on Friday, finding support from brighter economic data and a global stock market rally after the European Central Bank signaled its willingness to launch more stimulus measures.
Brent for December delivery rose 36 cents to $48.44 a barrel…
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