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David Sheppard and Joshua Schneyer / Reuters 04:59 PM | November 24,2009
According to a Reuters poll of 10 top oil-tracking analysts and organisations, oil demand is predicted to rise by 1.3 million barrels per day (bpd) next year to 85.9 million bpd
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Reuters 04:23 PM | November 16,2009
The Organization of the Petroleum Exporting Countries will meet in Luanda, Angola, on 22 December to decide on its oil production policy
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Reuters 09:17 AM | November 12,2009
The US Energy Information Administration data, delayed by one day due to the US Veteran’s Day holiday, is expected to show a 600,000 barrel increase in crude stockpiles in the world’s top energy user
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Reuters 09:02 AM | November 09,2009
Analysts said the dollar, which fell on Monday, also lent support to oil prices
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Reuters 09:52 AM | November 03,2009
The continued strength of commodities-linked currencies such as the Australian dollar also offered support to oil, with the weak US dollar also sending gold to its highest in almost two weeks
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Reuters 04:02 PM | November 02,2009
But traders and analysts said the mood was still cautious as equities markets sank to one-month lows and braced for the possible withdrawal of stimulative monetary policy as major central banks meet this week
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Reuters 12:04 PM | October 28,2009
The American Petroleum Institute data showed after the contract’s settlement on Tuesday that US crude stocks fell by 3.5 million barrels last week, compared with a forecast for a 1.8 million barrel build in a Reuters poll
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Reuters 12:36 PM | October 26,2009
Comments from producer group Opec last week that it would raise output targets at a December meeting has also cast a pall on the oil market, analysts said
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Reuters 10:35 AM | October 21,2009
The persistent weakness in the US dollar, global strength in equities, absence of overhead resistance, powerful momentum and mounting evidence of real economic recovery pointed to a bullish outlook for crude
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Reuters 10:49 AM | October 14,2009
Oil’s gains on Tuesday came after the Organization of the Petroleum Exporting Countries said a recovering world economy is expected to boost world crude demand by 700,000 barrels per day next year, to almost 85 million barrels a day
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Alex Lawler / Reuters 12:36 AM | October 14,2009
The 12-member group is the latest forecaster to lift its oil demand estimates in the past week, following upward revisions from the International Energy Agency and the US government’s Energy Information Administration
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Reuters 02:28 PM | October 13,2009
US crude for November delivery rose 31 cents to $73.58 by 0809 GMT, after settling at a seven-week high of $73.27 on Monday
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Reuters 02:33 PM | October 09,2009
In a monthly report, the agency, which advises 28 industrialised economies, increased its global oil demand growth estimate for 2010 to 1.42 million barrels per day
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David Sheppard / Reuters 02:34 PM | October 02,2009
Worries over US economic data cast shadow over oil; dollar rebound dampens oil’s recovery; Iran nuclear concerns persist but impact seen limited
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Mark to Market | Manas Chakravarty, Mobis Philipose and Ravi Ananthanarayanan 10:03 PM | September 28,2009
ADB gives two resons why oil prices are likely to remain flat. One, the recovery in industrialized nations is still fragile and two, high inventory levels are likely to persist in the immediate future
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