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Crude Oil - Oil slips below $61 as weak demand outlook weighs
Oil slipped below 61 dollars a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its allies to ...
Gold Prices Hold Up As Markets Eye Fed, Oil Prices Pare Gains
Gold and Crude Oil Talking Points: Gold prices lacked further impetus but remained well supported by a variety of market concerns Oil prices were boosted by a surprise US inventory drawdown, but ...
6 Years After Exxon's Oil Pipeline Burst in an Arkansas Town, a Final Accounting
It was March 29, 2013. Few in Mayflower will ever forget it. As Hays ran her errands, ExxonMobil's Pegasus pipeline, which ran beneath this small town, burst without warning along a defective 22-foot ...
WTI crude oil have correction to 54.93 while trading below 56.07
EUR/USD is trading below 1.1150, downed by weak German PMIs. Earlier, the pair advanced as French figures were upbeat. Draghi's last ECB decision is awaited. GBP/USD has dropped below 1.29 as the EU's ...
Reducing India’s crude oil import dependency
India imports nearly 84% of its crude oil requirement. Massive outflows of foreign currency has not only adversely impacted the country’s balance of trade, but also hurt its current account deficit.