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SINGAPORE, Dec 4- U.S. crude futures extended gains towards $68 a barrel on Thursday, buoyed by positive inventory data. *U.S. crude futures had risen 31 cents to $67.69 a barrel by 0010 GMT, after a 50- cent gain in the previous session. *The euro staggered at two-year lows early on Thursday, finding few friends in a market that is wagering the European Central Bank will...
*OPEC oil supply falls 340,000 bpd in Nov due to Libya- survey. "There has been a technical bounce back from the very strong declines that we have seen in the lead-up to and after the OPEC meeting," said Harry Tchilinguirian, an oil analyst at BNP Paribas in London. Brent for delivery in January was up 46 cents at $71 a barrel by 1450 GMT after falling by $2 on Tuesday on a...
*OPEC oil supply falls 340,000 bpd in Nov due to Libya- survey. Brent hit a five-year low below $68 a barrel on Monday after averaging around $110 a barrel in 2011 to 2013. "There has been a technical bounce back from the very strong declines that we have seen in the lead-up to and after the OPEC meeting," said Harry Tchilinguirian, an oil analyst at BNP Paribas in London.
*OPEC oil supply falls 340,000 bpd in Nov due to Libya- survey. Brent for delivery in January rose 62 cents to $71.16 a barrel by 0839 GMT after falling $2 on Tuesday. U.S. crude for January delivery was at $67.54 a barrel, off the day's high of $67.97, but up 66 cents from the previous session when prices dropped more than $2.
It’s this stock, and its partner in crime, that "Mad Money" host Jim Cramer believes are heading higher.
SINGAPORE, Dec 3- U.S. crude futures gained more than one percent on Wednesday, rising close to $68 a barrel, after industry data showed a larger than expected drop in crude oil inventories in the United States. *OPEC's oil supply in November fell by 340,000 barrels per day as a recovery in Libya faltered, a Reuters survey found, although a lack of deliberate cutbacks...
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