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SINGAPORE/LONDON (Reuters) - Asian crude oil buyers are booking cargoes from Europe, the Mediterranean and Africa after a sharp drop in Brent crude's value against Middle East benchmark grade Dubai ma...
The gains represent a rapid increase in output, as the data, if confirmed by monthly figures, puts the United States just behind Russian Federation as the world's largest producer of crude oil. The un...
Goldman Sachs—which has been bullish on oil for most of this year— continues to expect that Brent Crude prices could retest the $80 a barrel threshold this year, but probably only late in ...
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Brent oil prices, the international benchmark, fell to a three-month low on Wednesday amid expectations slower demand will combine with rising production, a scenario that could be affirmed in U.S. sto...