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Gulf Independent - US-crude
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Crude prices climb after US oil output falls for 6th week ECONOMY

Crude prices climb after US oil output falls for 6th week

Crude futures rose in Asian trade on Friday, buoyed by renewed optimism prices may have bottomed out after official US data showed oil production fell to its lowest level since November 2014.

4:45 AM November 25 2016
Oil prices rebound, US crude back above $30 ECONOMY

Oil prices rebound, US crude back above $30

Oil prices recovered on Monday after sharp falls the previous session, with US crude back above $30 a barrel as traders mulled the impact of a potential output freeze by key producers.

4:45 AM November 25 2016
Oil prices fall on oversupply concerns ECONOMY

Oil prices fall on oversupply concerns

Oil futures fell in Asian trade as a record build in US crude stocks stoked concerns about global oversupply, outweighing moves by oil producers including Saudi Arabia and Russia to cap oil output.

4:45 AM November 25 2016
Oil rebounds on investor optimism over producers' deal ECONOMY

Oil rebounds on investor optimism over producers' deal

Crude oil futures rebounded on Wednesday on investor hopes that a deal between Saudi Arabia and Russia to freeze oil output at January levels would lead to a wider pact among producers that could eventually see production cuts to support prices.

4:45 AM November 25 2016
Oil dips on strong dollar, weak Chinese trade data ECONOMY

Oil dips on strong dollar, weak Chinese trade data

Oil prices dipped on Monday on a firmer dollar and weaker-than-expected Chinese trade data that fuelled concerns about demand in the world's biggest energy consumer.

4:45 AM November 25 2016
Oil slides nearly 6% as hopes for output cut fade ECONOMY

Oil slides nearly 6% as hopes for output cut fade

Oil fell on Tuesday, with US crude briefly slipping below $30, dented by worries about demand amid a mild winter and concerns of rising supply as hopes for a deal between Opec and Russia on output cuts fade.

4:45 AM November 25 2016
Oil weakens as profit-taking kicks in ahead of stocks data ECONOMY

Oil weakens as profit-taking kicks in ahead of stocks data

Crude oil futures declined on Wednesday, heading back towards $30 a barrel as profit-taking wiped out a chunk of the gains notched up in the previous session on hopes for output cuts.

4:45 AM November 25 2016
US crude falls below $31 in Asian trade ECONOMY

US crude falls below $31 in Asian trade

US crude tumbled below $31 a barrel Tuesday, extending a sell-off that has pushed it to more than 12-year lows amid a global supply glut, a strong dollar and tepid demand.

4:45 AM November 25 2016