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Gulf Independent - Morgan-Stanley
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Oil discoveries sink to lowest since 1952, say analysts ECONOMY

Oil discoveries sink to lowest since 1952, say analysts

Oil discoveries in 2015 fell to their lowest since 1952 as energy companies slashed exploration budgets in the wake of the oil price fall, creating a gap for meeting future demand, analysts at Morgan Stanley said.

4:45 AM November 25 2016
Oil prices fall on rising Opec crude production ECONOMY

Oil prices fall on rising Opec crude production

Oil prices fell as rising production in the Middle East outweighed a decline in the US output and a sliding dollar, while Morgan Stanley warned that an emerging gasoline glut could also spill back into crude markets.

4:45 AM November 25 2016
Oil prices extend gains on dollar-slide, talk of oil producer meeting ECONOMY

Oil prices extend gains on dollar-slide, talk of oil producer meeting

Crude oil futures extended gains from the previous session on Thursday as a weaker dollar and unconfirmed talk of producers potentially meeting to discuss output cuts lifted the market despite record US stocks due to overproduction.

4:45 AM November 25 2016