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Crude oil prices partially recover after US, Iran deny reported nuclear deal

Crude oil prices partially recover after US, Iran deny reported nuclear deal

Fri, Jun 09, 2023

Oil fell by more than $3 on the report that the U.S. would give Iran sanctions relief to export oil in return for Tehran reducing uranium enrichment.

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Crude oil prices rise as Saudi Arabia output cuts outweigh weak demand signals

Crude oil prices rise as Saudi Arabia output cuts outweigh weak demand signals

Thu, Jun 08, 2023

Brent crude futures settled 66 cents, or 0.9%, higher at $76.95 a barrel, while U.S. West Texas Intermediate crude futures gained 79 cents, or 1.1%, to $72.53.

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Crude oil prices ease as economic fears overshadow Saudi Arabia output cut

Crude oil prices ease as economic fears overshadow Saudi Arabia output cut

Wed, Jun 07, 2023

Brent futures fell 42 cents, or 0.6%, to settle at $76.29 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 41 cents, or 0.6%, to settle at $71.74.

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Crude oil prices rise on Saudi Arabia's plan to deepen output cuts from July

Crude oil prices rise on Saudi Arabia's plan to deepen output cuts from July

Tue, Jun 06, 2023

Brent crude futures settled up 58 cents at $76.71 a barrel, after touching a session high of $78.73. U.S. West Texas Intermediate crude gained by 41 cents to $72.15 after hitting an intraday high of $75.06.

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Crude oil up over 2% after US debt deal and jobs data; focus turns to OPEC+

Crude oil up over 2% after US debt deal and jobs data; focus turns to OPEC+

Mon, Jun 05, 2023

Brent futures rose $1.85, or 2.5%, to settle at $76.13 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.64, or 2.3%, to settle at $71.74.

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Crude oil prices slide 4% on worries about US debt ceiling, OPEC+ talks

Crude oil prices slide 4% on worries about US debt ceiling, OPEC+ talks

Wed, May 31, 2023

Brent crude futures settled down $3.53, or 4.6%, at $73.54 a barrel. U.S. West Texas Intermediate crude (WTI) was down $3.21, or 4.4%, from Friday's close, to $69.46 a barrel. There was no settlement on Monday because of a U.S. public holiday.

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Crude oil prices edge higher as markets weigh US debt deal, rate hike possibility

Crude oil prices edge higher as markets weigh US debt deal, rate hike possibility

Tue, May 30, 2023

Brent crude futures settled up 12 cents, or 0.2%, to $77.07 a barrel, while U.S. West Texas Intermediate crude was up 25 cents, or 0.3%,at $72.92 a barrel.

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Crude oil prices rise as US closes in on debt deal

Crude oil prices rise as US closes in on debt deal

Sat, May 27, 2023

Brent crude settled 69 cents, or 0.9%, higher at $76.95 a barrel. U.S. West Texas Intermediate closed up 84 cents, or 1.2%, at $72.67 a barrel.

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Crude oil settles lower as Russia downplays additional OPEC+ cuts

Crude oil settles lower as Russia downplays additional OPEC+ cuts

Fri, May 26, 2023

Brent crude futures settled down $2.10, or 2.7%, to $76.25 a barrel. U.S. West Texas Intermediate crude (WTI) settled down $2.51, or 3.4%, to $71.83. At their session low, both benchmarks were down by more than $3.

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Crude oil prices gain 2% on falling US stockpiles and Saudi warning

Crude oil prices gain 2% on falling US stockpiles and Saudi warning

Thu, May 25, 2023

Brent crude futures rose $1.52, or 2%, to settle at $78.36 a barrel. U.S. West Texas Intermediate crude (WTI) gained $1.43, or 2%, to $74.34.

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Crude oil rises amid fear of OPEC output cut and tighter US gasoline supplies

Crude oil rises amid fear of OPEC output cut and tighter US gasoline supplies

Wed, May 24, 2023

Brent crude futures rose 85 cents, or 1.1%, to settle at $76.84 a barrel, while the U.S. West Texas Intermediate crude (WTI) ended at $72.91 a barrel, up 86 cents, or 1.2%.

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Crude oil prices rise 1% as supplies shrink, demand seen higher

Crude oil prices rise 1% as supplies shrink, demand seen higher

Tue, May 23, 2023

Brent futures for July delivery rose 41 cents, or 0.5%, to settle at $75.99 a barrel. U.S. West Texas Intermediate (WTI) crude for June delivery rose 44 cents, or 0.6%, to settle at $71.99 per barrel.

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Crude oil prices slip as debt talks pause, US Fed warns of high inflation

Crude oil prices slip as debt talks pause, US Fed warns of high inflation

Sat, May 20, 2023

Brent futures settled 28 cents, or 0.8%, lower at $75.58 a barrel, while West Texas Intermediate U.S. crude for July expiry fell 25 cents, or 0.3%, to $71.69.

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Crude oil prices settle down 1%; strong US data boosts dollar

Crude oil prices settle down 1%; strong US data boosts dollar

Fri, May 19, 2023

Brent futures fell $1.10, or 1.4%, to settle at $75.86 a barrel. U.S. West Texas Intermediate (WTI) crude fell 97 cents, or 1.3%, to settle at $71.86.

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Crude oil prices settle up $2 on optimism about US debt ceiling and demand

Crude oil prices settle up $2 on optimism about US debt ceiling and demand

Thu, May 18, 2023

Brent crude futures settled up $2.05, or 2.7%, to $76.96 a barrel. West Texas Intermediate U.S. crude settled up $1.97 or 2.8% to $72.83.

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Oil dips on demand worries after unexpected US crude build

Oil dips on demand worries after unexpected US crude build

Wed, May 17, 2023

Brent crude futures was 29 cents lower, or down by 0.4%, to $74.60 a barrel. U.S. West Texas Intermediate crude edged down by 32 cents, also 0.4% down, to $70.55, as of 0005 GMT.

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Crude oil gains over 1%, ends losing streak on tightening supplies

Crude oil gains over 1%, ends losing streak on tightening supplies

Tue, May 16, 2023

Brent crude futures rose $1.06, or 1.4% to settle at $75.23 a barrel. U.S. West Texas Intermediate crude settled at $71.11 a barrel, up $1.07, or 1.5%.

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Crude oil prices decline by 2% on weak US and Chinese economic data

Crude oil prices decline by 2% on weak US and Chinese economic data

Fri, May 12, 2023

Brent crude futures fell $1.43, or 1.9%, to settle at $74.98 a barrel, while West Texas Intermediate crude (WTI) fell $1.69, or 2.3%, to settle at $70.87.

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Crude oil prices drop 1% after US data points to further rate hikes

Crude oil prices drop 1% after US data points to further rate hikes

Thu, May 11, 2023

Brent crude dropped $1.03, or 1.3%, to settle at $76.41 a barrel while U.S. West Texas Intermediate crude (WTI) fell $1.15, or 1.6%, to $72.56 a barrel.

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Crude oil recoups losses on plans for SPR refill, higher seasonal demand

Crude oil recoups losses on plans for SPR refill, higher seasonal demand

Wed, May 10, 2023

Brent crude settled 43 cents, or 0.6% higher, at $77.44 a barrel, while U.S. West Texas Intermediate (WTI) crude closed up 55 cents, or 0.8%, at $73.71.

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