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2019-08-16 10:50:00

OIL PRICE: NEAR $59

OIL PRICE: NEAR $59

REUTERS - Crude oil prices rose on Friday following two days of declines, buoyed after data showing an increase in retail sales in the U.S. helped dampen concerns about a recession in the world's biggest economy.

Brent crude LCOc1 was up 52 cents, or 0.9%, at $58.75 a barrel at 0352 GMT, after falling 2.1% on Thursday and 3% the previous day.

U.S. crude CLc1 was up 65 cents, or 1.2%, at $55.12 a barrel, having dropped 1.4% the previous session and 3.3% on Wednesday.

U.S. retail…

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Earlier:

OIL PRICE: NEAR $59
2019, August, 14, 12:25:00
OIL PRICE: NEAR $61 YET
Brent crude was down 46 cents, or 0.8%, at $60.84 a barrel at 0639 GMT, after rising 4.7% on Tuesday, the biggest percentage gain since December. U.S. oil was down 62 cents, or 1.1%, at $56.48 a barrel, having risen 4% the previous session, the most in just over a month.
OIL PRICE: NEAR $59
2019, August, 13, 13:50:00
OIL PRICE: NEAR $58 ANEW
Brent crude futures were down 20 cents or 0.3% from the previous settlement at $58.29, WTI futures were at $54.69 per barrel
OIL PRICE: NEAR $59
2019, August, 12, 13:30:00
OIL PRICE: NEAR $58
International benchmark Brent crude futures were at $58.16 a barrel by 0829 GMT, down 37 cents from their previous settlement. U.S. West Texas Intermediate (WTI) futures were at $53.89 per barrel, down 61 cents from their last close.
OIL PRICE: NEAR $59
2019, August, 9, 13:15:00
OIL PRICE: ABOVE $57
Brent crude futures were at $57.80 a barrel by 0854 GMT, up 42 cents from their previous settlement. West Texas Intermediate (WTI) futures were at $52.80 per barrel, up 26 cents.
OIL PRICE: NEAR $59
2019, August, 8, 11:25:00
OIL PRICE: BELOW $58
Brent crude had rebounded to $57.81 a barrel, up $1.58, or 2.81%, from its last close by 0634 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped $1.61, or 3.15%, to $52.70 a barrel.
OIL PRICE: NEAR $59
2019, August, 7, 12:25:00
OIL PRICE: BELOW $59
Brent crude futures LCOc1 were down 11 cents, or nearly 2%, at 0823 GMT to set a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures CLc1 were flat at $53.63.
OIL PRICE: NEAR $59
2019, August, 6, 12:45:00
OIL PRICE: NEAR $60
International benchmark Brent futures LCOc1 were up 28 cents at $60.09 a barrel by 0910 GMT, having dipped earlier in the session to their lowest since Jan. 14 at $59.07. West Texas Intermediate crude CLc1 futures rose 38 cents to $55.07 per barrel.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NEAR $59
2019, September, 23, 14:00:00
U.S. PETROLEUM DEMAND 21.5 MBD
Total U.S. petroleum demand of 21.5 mb/d was highest for any month since August 2005; Improved infrastructure helped increase supply and lower prices; Highest U.S. petroleum exports (8.1 mb/d) for the month of August; and Total inventories increased year-on-year for the ninth consecutive month.
OIL PRICE: NEAR $59
2019, September, 23, 13:55:00
DUBAI: THE 8TH POSITION OF GFCI
Dubai has risen the ranks of the Global Financial Centres Index, GFCI, to the eighth position, representing its highest ever-ranking. The city is the only financial centre within the Middle East, Africa and South Asia, MEASA, to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, Hong Kong and Singapore.
OIL PRICE: NEAR $59
2019, September, 23, 13:50:00
UAE GDP WILL UP 2.4%
Real economic growth in the UAE, as estimated by Central Bank of the United Arab Emirates, exhibited Y-o-Y growth of 2.2 percent in Q2 -2019, lower than in the previous quarter. The bank expects national economy to grow 2.4 pc in 2019, driven by faster growth in the non-oil sector.
OIL PRICE: NEAR $59
2019, September, 23, 13:45:00
ROSNEFT INVESTMENT FOR INDIA
Минприроды России произвело оценку запасов полезных ископаемых в натуральном и стоимостном измерениях по итогам 2018 года и их изменений относительно результатов оценки по итогам 2017 года.
OIL PRICE: NEAR $59
2019, September, 23, 13:40:00
U.S. RIGS DOWN 18 TO 868
U.S. Rig Count is down 18 rigs from last week to 868, with oil rigs down 14 to 719, gas rigs down 5 to 148, and miscellaneous rigs up 1 to 1. Canada Rig Count is down 15 rigs from last week to 119, with oil rigs down 11 to 82 and gas rigs down 4 to 37.
OIL PRICE: NEAR $59
2019, September, 20, 15:45:00
OIL PRICE: NEAR $64
Brent crude LCOc1 was up 7.7% since last Friday’s close, the biggest weekly rise since January. The front-month November contract was at $64.88 a barrel, up 48 cents, by 1113 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 rose 59 cents to $58.72 a barrel, set to post a gain of over 7% for the week.
OIL PRICE: NEAR $59
2019, September, 20, 15:30:00
GLOBAL OIL, GAS FINANCES DOWN
Brent crude oil daily average prices were 9% lower in second-quarter 2019 than in second-quarter 2018 and averaged $68 per barrel
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