Quotes from the news wire:
Oil is down because Iran said they would only join the output freeze group once they reached production of 4 million barrels a day (bpd).
Found on Reuters 3 years ago
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It seems to be a healthy upside correction in an otherwise downtrending market.
Found on Reuters 4 years ago
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Investors holding short positions have already started to take profit ahead of the weekend after four days of decline.
Found on Reuters 4 years ago
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The U.S. crude oil stocks build reported by the API last night is weighing on prices.
Found on Reuters 4 years ago
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Markets are worried that a Greek debt default could hit European economic growth and thus fuel demand.
Found on Reuters 4 years ago
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The oil market is generally oversupplied with high Saudi exports and OPEC is unlikely to cut production, the dollar is also weighing on the market.
Found on Reuters 4 years ago
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We have some technical buying and pre-weekend short-covering.
Found on Reuters 5 years ago
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