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Oil Price - UPDATE 1-S&P Platts to assess prices for U.S. WTI crude delivered to Asia, Brazil Lula to China

09-09-2019 04:15

SINGAPORE, Sept 9 (Reuters) - S&P Global Platts said on Monday it will launch new price assessments for U.S. crude for Asian buyers from Oct. 1, as the United States exports more oil to the East.

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Oil rises as new Saudi minister signals OPEC+ cuts to continue

Oil capped a second weekly gain on Friday following a decline in U.S. crude stockpiles and efforts from Federal Reserve chairman Jerome Powell to calm fears of a possible recession. Prices were ...

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Oil prices jump on world markets

On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.60 to trade at $62.14, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0 ...

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Oil rises as new Saudi minister seen committed to output cuts

LONDON (Reuters) - Oil prices rose on Monday after Saudi Arabia, the world’s largest exporter of crude, named oil veteran Prince Abdulaziz bin Salman as its new energy minister, a move seen ...

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OPEC+ wants to further cut output to support oil price, but admits it no longer controls the market

Top oil producers will consider fresh output cuts at a meeting this week, but analysts are doubtful they will succeed in bolstering crude prices dented by the US-China trade war. The OPEC ...

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