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Oil prices drop before US data, Fed

Oil prices fell today, on track for their fifth straight daily decline, as global markets slid on worries that Britain might leave the European Union.

Business • 15 Jun 16

Inventories for all of the United States are at all-time peaks above 507 million barrels

Oil prices fall 3% as oversupply worries return

Oil prices fell as much as 3% today after data indicating new record highs in US crude inventories added to worries about oversupply in a slowing global economy.

Business • 25 Feb 16

OPEC and non-OPEC producers who support the idea are planning a mid-March meeting, his Venezuelan counterpart said

Oil below $33 as Saudi Arabia dismisses output cut

Oil fell below $33 a barrel today after Saudi Arabia ruled out production cuts and US crude inventories rose, though a decline in US petroleum stocks limited losses.

Business • 25 Feb 16

US crude was down 60 cents, or 2%, at $26.85 per barrel by 5.23pm Irish time

US oil prices fell for a six straight day

US oil prices fell for a six straight day today, approaching 12-year lows hit last month, weighed by brimming crude inventories and a Goldman Sachs forecast that prices would remain low and volatile until the second half of the year.

Business • 11 Feb 16

Analysts say that headwinds remain in place for the under-pressure commodity

Oil prices edge up after yesterday's heavy losses

Oil prices edged up today after taking a hit in the previous session in response to a mixed US stockpiles report.

Business • 24 Sep 15

US oil supplies are at their highest level on record

Oil market slips as traders eye Yemen crisis

Global oil prices retreated today but analysts said losses were limited as dealers focused on positive signs in a US supply report while also tracking the crisis in Yemen.

Business • 23 Apr 15

Analysts say the oil market is being pushed in two directions

Oil retreats as high supply weighs

Oil prices eased in Asia today as dealers weighed China's fresh monetary stimulus against a supply glut in the US.

Business • 21 Apr 15

Oil prices rise as tensions grow in Egypt

Oil rises on Egypt, lower US crude stocks

The price of oil climbed above $107 a barrel today as the escalating violence in Egypt was seen as threatening stability in the Middle East.

Business • 15 Aug 13

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