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After yesterday's tornado activity, more are expected on Tuesday in Texas and Arkansas, reports Alex Wallace, The Weather Channel.
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April 2- The Arkansas attorney general has launched an investigation into Exxon Mobil Corp's ruptured crude pipeline that released thousands of barrels of barrels of oil into a subdivision last Friday.
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*Economic outlook for U.S./ Europe worries. LONDON, April 2- Ample supplies and concerns over the pace of U.S. economic recovery and a wobbly euro zone economy outweighed the prospect of stronger demand in Asia to pull oil below $111 a barrel on Tuesday. Brent slid 21 cents to $110.67 a barrel by 1424 GMT.
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London, April 2- European shares recovered from a two-week slide on Tuesday and the euro steadied as fears of a resurgence in the region's debt crisis emanating from Cyprus receded. Across Europe Paris's CAC-40 and Frankfurt's DAX were up 1.2 percent, while Spain's IBEX gained 0.7 percent and Italy's FTSE MIB 0.7 percent.
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LONDON, April 2- Oil edged further above $111 a barrel on Tuesday as the prospect of stronger demand in Asia outweighed concern over the pace of economic recovery in top consumer the United States.
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SINGAPORE, April 2- Brent crude steadied under $111 a barrel on Tuesday, supported by prospects of stronger appetite in Asia but hurt by concerns over the pace of economic recovery in top consumer the United States.
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*Economic outlook for U.S./ Europe fuels demand worries. NEW YORK, April 2- Oil prices fell in choppy trading on Tuesday as sufficient supply and concerns over the pace of U.S. economic growth and the euro zone economy offset any support from the prospect of stronger demand in Asia.
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*But refinery capacity expansion boosts China oil appetite. SINGAPORE, April 2- Brent crude steadied under $111 a barrel on Tuesday, supported by prospects of stronger appetite in Asia but hurt by concerns over the pace of economic recovery in top consumer the United States.
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*Saudi Arabia predicts robust demand from Asia. NEW YORK, April 1- Brent crude rose above $111 a barrel in choppy trading on Monday as Saudi Arabia predicted robust demand from Asia, while U.S. crude prices fell as a pipeline leak in Arkansas threatened to increase the glut of oil in the U.S.
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HOUSTON, April 1- An Exxon Mobil Corp crude oil pipeline that ruptured and spewed thousands of barrels of oil into an Arkansas subdivision remained shut on Monday as cleanup efforts continued with no word on when it would be fixed and restarted. Exxon spokesman Charles Engelmann declined to speculate on when excavation would start.
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*Tesla Motors rallies after profit outlook. NEW YORK, April 1- U.S. stocks fell modestly on Monday after weaker-than-expected U.S. manufacturing data and the Dow and S&P 500 slipped from record closing highs reached on Thursday. The Institute for Supply Management's March reading on manufacturing came in at 51.3, down from analysts' average forecast of 54.2.
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NEW YORK, April 1- U.S. stock index futures pointed to a flat open on Monday, with investors finding few reasons to keep pushing stocks higher with both the Dow and S&P 500 coming off record closing highs.
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*Both S&P 500 and Dow ended last week at all-time closing highs. NEW YORK, April 1- U.S. stock index futures were flat on Monday after the S&P 500 index set a record closing high on Friday and investors waited for a report on U.S. manufacturing, a major component of economic growth.
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SEOUL- South Korea will strike back if the North stages any attack on its territory, the new president warned on Monday, as tensions ratcheted higher on the Korean peninsula amid shrill rhetoric from Pyongyang and the U.S. deployment of radar-evading fighters.
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SINGAPORE, April 1- Brent crude eased under $110 a barrel on Monday after Chinese manufacturing data missed market expectations, signalling possibly slower demand growth in the world's second-largest oil consumer.
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NEW YORK, April 1- Brent crude rose in choppy trading on Monday as a weaker dollar provided support, while U.S. crude prices fell as a pipeline leak in Arkansas threatened to increase the glut of oil in the U.S.
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SINGAPORE, April 1- Brent crude eased under $110 a barrel on Monday after Chinese manufacturing data missed market expectations, signalling possibly slower oil demand growth in the world's second-largest consumer.
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SINGAPORE, April 1- U.S. crude futures steadied after a softer dollar pushed them to six-week highs on Monday, with investors waiting for Chinese manufacturing data for signs on the economic health of the world's second-largest oil consumer. By 0038 GMT, it was little changed at $97.04 versus Thursday's settlement of $97.23.
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HOUSTON, March 31- Exxon Mobil Corp said on Sunday that crews at the scene of its crude oil pipeline spill in Arkansas had yet to excavate the area of the breach to determine the cause. "I can't speculate on when that will happen," Exxon spokesman Alan Jeffers said. "
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March 31- Exxon Mobil on Sunday continued cleanup of a pipeline spill that loosed thousands of barrels of heavy Canadian crude in Arkansas as opponents of oil sands development latched on to the incident to attack plans to build the Keystone XL line.
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March 31- Exxon Mobil on Sunday continued cleanup of a pipeline oil spill in Arkansas that loosed thousands of barrels of heavy Canadian crude and forced the evacuation of 22 homes.