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Oil prices rise 4% after biggest one-day fall since 1991
SINGAPORE: Oil prices rose by more than US$1 todau after a price war by top producers Saudi Arabia and Russia sparked the biggest daily rout since the 1991 Gulf War, but investors saw little chance of a quick price recovery
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Oil dips on easing US-Iran tensions, eyes on China trade deal
Oil prices edged down today as fears of conflict between the US and Iran eased, although the decline was checked by the planned signing of an initial US-China trade deal this week, which could boost demand. Brent crude LCOc1 was
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Oil prices fall further as threat of Middle East war recedes
Oil prices dropped today extending days of losses as the threat of war in the Middle East receded and investors switched attention to economic growth prospects and the rise in US crude oil and product inventories. Brent crude LCOc1 fell
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Oil prices drop as more tariff added in US-China trade war
TOKYO: Oil prices were lower on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude. Brent crude was down 27 cents, or
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Oil prices hold gains after U.S. inventory drawdown
TOKYO: Oil prices clung to gains on Thursday after official data confirmed a big drop in U.S. crude inventories, helping ease concerns about weakening demand, but worries about wider economic growth held prices in check. U.S. crude was up by
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Oil prices drops 2% as trade war shakes confidence
TOKYO: Oil prices fell pushing U.S. crude to its lowest in more than two weeks, as a ratcheting up of tensions in the U.S.-China war knocked confidence in the global economy. Brent crude was down 89 cents, or 1.5%, at
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Oil prices slip, hopes US-China tensions to ease
SINGAPORE: Crude oil prices slipped on Tuesday, but losses were limited as equity markets rallied and as traders hoped Sino-US trade tensions would ease. The United States said it would extend a reprieve that permits China’s Huawei Technologies to buy
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Oil prices drop as data shows surprise climb in U.S. inventories
TOKYO: Oil prices fell on Wednesday after industry data showed U.S. crude inventories unexpectedly rose last week, erasing some gains from the last session that were stoked after Washington said it would delay tariffs on some Chinese goods. The move
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