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Crude Oil - Oil slides as IEA surplus forecast overshadows Libya disruption

22-01-2020 03:03

LONDON (Reuters) - Oil prices fell on Wednesday as an International Energy Agency (IEA) forecast of a market surplus in the first half of 2020 outweighed concerns about disruptions that have slashed ...

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FAR Inks Sangomar Oil Offtake Deal with Glencore

FAR, which owns a 15% stake in the recently sanctioned, Woodside-operated Sangomar offshore oil field, said Wednesday it had signed a binding Memorandum of Understanding with Glencore, that "provides ...

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Indonesia projects lower oil and gas production amid low investment

Indonesia’s oil and gas industry will continue to face challenges this year as the government projects lower crude oil prices, production and investment while demand continues to grow. The government ...

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Commodity Evening Update: Gold gains, crude oil slides

Based on the above technical parameters, gold is looking bearish with a potential to reach 39,700. The outlook will change above 40,100 levels. Crude oil price has given a breakdown of its rising ...

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China virus could hit oil prices by $3 per barrel - Goldman Sachs

The outbreak began in the central Chinese city of Wuhan in Hubei and has spread to the rest of the countryReuters | January 22, 2020, 12:29 IST New Delhi: Goldman Sachs said a potential drop in oil ...

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