Global oil prices

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Iran and the oil price

What does the spread of street protests across Iran mean for the oil market? The immediate response, driven no doubt by the substantial amounts of speculative money…

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Oil is near 8-week highs

Oil prices edged lower on Friday but were still near eight-week highs, buoyed by a decline in US inventories and oil cartel Opec’s ongoing efforts…

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Oil price pauses

Oil futures edged lower on Thursday after fresh gains in the U.S. amid bullish weekly data on both supplies and production. The Energy Information Administration…