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World oil prices slowed the decline on news of OPEC talks

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EkpoEsito.Com : Hope rises for Nigeria as oil price jumps followin...

WTI oil prices rose by 1.5 percent on Thursday to close at $53 per barrel on news that key crude exporters, including Saudi Arabia and Russia,

Crude oil dropped on last trading session of the year but ended with their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC

European equity markets are expected to open a little higher on Thursday, with the FTSE rebounding from Wednesday’s declines helped by a similar rebound in oil prices overnight. Brent and WTI crude tumbled on Wednesday following the release of the EIA crude inventory data which reported a larger build in oil stocks than markets expected. … #forex. #forexfriendloan. #PMIDateinFocus. http://forexfriendloan.blogspot.co.uk/

Growing Oil Glut Shows Investors There’s Nowhere to Go But Down

Growing Oil Glut Shows Investors There’s Nowhere to Go But Down.(August 1st 2016)

A survey of the size of the Organization of Petroleum Exporting Countries oil, OPEC, the Organization decline in oil production for the first time since mid-year.And a little detail, the decline in OPEC production during the month increased by 270 thousand barrels per day, down from the official

Why oil is hitting $50 a barrel - FT Markets - Markets & Investing Video - FT.com

Neil Hume, FT commodities editor, explains why oil has broken through $50 a barrel for the first time in 2016. He looks at rising demand in India, supply disruptions and slowing shale production, and assesses whether the higher price will hold.