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  • *OPEC raises 2015 oil demand f'cast; US cuts production outlook. *Coming up: China industrial output for April by 0530 GMT. June Brent crude rose 44 cents to $67.30 a barrel by 0446 GMT.

  • *OPEC raises 2015 oil demand f'cast; US cuts production outlook. *Coming up: China industrial output for April by 0530 GMT. June Brent crude rose 32 cents to $67.18 a barrel by 0209 GMT.

  • HOUSTON/ NEW YORK May 7- SandRidge Energy Inc is the target of a federal grand jury probe concerning violations of antitrust law related to the leasing of oil and gas properties, the company said in a regulatory filing on Thursday. The Oklahoma City, Oklahoma- based company said the transactions subject to the government's inquiry date from 2012 and prior years,...

  • AUSTIN, Texas, May 7- Texas- based Blue Bell Creameries had a Listeria problem at its Oklahoma plant as early as 2013 and did not do enough to make sure its factory was sanitized, according to documents from the U.S. Food and Drug Administration. Health officials had said three people made ill by Listeria between January 2014 and January 2015 had died in a Kansas...

  • AUSTIN, Texas, May 7- Texas- based Blue Bell Creameries likely knew as early as 2013 of a Listeria problem at its Oklahoma plant and did not do enough to make sure its factory was sanitized, according to documents from the U.S. Food and Drug Administration. The FDA also found problems at Blue Bell plants in Sylacauga, Alabama, and Brenham, Texas. The FDA posted the...

  • NEW YORK, May 6- U.S. crude oil stockpiles fell last week for the first time since the week ending Jan. 2 as imports slowed, while gasoline and distillate inventories rose, data from the Energy Information Administration showed on Wednesday. "Lower imports seem to be the main driver for the draw down," said Dominick Chirichella, senior partner at the Energy Management...

  • LONDON, May 6- Oil prices rose more than a dollar to 2015 highs on Wednesday, as a month-long rally gained further impetus from a fall in U.S. crude stocks and conflict in the Middle East. Brent crude jumped by $1.36 to $68.88 a barrel by 0855 GMT, after hitting a 2015 peak of $69.14. "We haven't seen hedge funds and money managers to be as optimistic and bullish as they are...

  • UPDATE 3-U.S. oil hits 5-month high as dollar weakens Thursday, 30 Apr 2015 | 4:43 AM ET

    LONDON, April 30- U.S. crude oil hit a five-month high on Thursday as the dollar slipped to its lowest since February and as more evidence emerged of a gradual balancing of the U.S. domestic market. Brent crude oil was up 25 cents at $66.09 a barrel by 0830 GMT. U.S. crude oil, also known as West Texas Intermediate or WTI, hit a high of $59.40 a barrel, its highest since Dec. 12,...

  • The disappointing news on the world's biggest economy, coming on top of a worrying slowdown in China, found expression in a warning by New Zealand's central bank that it could cut rates if domestic momentum weakened. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.9 percent. "Risk has been building in the markets for weeks- the mass account...

  • TOKYO, April 30- Asian stocks slipped and the euro stood tall against the dollar early on Thursday after U.S. data overnight showed the economy grew much more slowly than expected in the first quarter. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent. The euro was steady at $1.1118 after surging to a near two-month high of $1.1188 in...

  • SEOUL, April 30- U.S. crude futures held around $58.50 a barrel on Thursday, near their highest this year as U.S. crude stockpiles grew less than expected after the first decline since November in stocks at the main U.S. delivery hub. *Brent crude futures, the more widely-used benchmark, shed 39 cents to $65.45, after finishing up $1.20 at $65.84 in a session that saw...

  • *Oil prices up most in April since May 2009. *Wednesday rally sparked by first Cushing crude draw since Nov. NEW YORK, April 29- Oil prices hit the highest this year on Wednesday after the first crude stock draw in five months at the U.S.

  • Commerce Department data showed U.S. gross domestic product expanded at an only 0.2 percent annual rate, marking the weakest reading in a year, leading to a lower open on Wall Street. The data hit European shares, which also suffered from weak corporate results from companies such as Delhaize and Norsk Hydro. "People are speculating that we are in a low patch after...

  • *Inventories at Cushing fall for first time since November. Government data showing a smaller-than-expected rise last week in crude inventories throughout the United States also aided sentiment, although some traders felt the market was ignoring bearish elements like higher production. U.S. crude futures were up $1.70 at $58.76 a barrel by 11:58 a.m. EDT,...

  • NEW YORK, April 29- U.S. crude inventories rose last week to hit a record high for the 16th straight week but the build was smaller than expected as supplies at the Cushing, Oklahoma, oil hub declined for the first time since November, data from the Energy Information Administration showed on Wednesday. Crude stocks at Cushing, the delivery point for U.S. crude...

  • UPDATE 10-Oil jumps on only modest U.S. crude stock build Wednesday, 29 Apr 2015 | 11:09 AM ET

    *Inventories at Cushing fall for first time since November. LONDON, April 29- Crude oil prices rose on Wednesday after news U.S. crude stocks increased less than expected last week and inventories at the oil hub at Cushing, Oklahoma, declined for the first time since November, suggesting an oil glut may be beginning to ease. "Inventories at Cushing did finally draw...

  • SEOUL, April 29- U.S. crude futures slipped on Wednesday after an industry data showed U.S. crude stocks rose last week although inventories in delivery hub Cushing declined for the first time this year, but the fall in oil prices was limited by tensions in Middle East. *U.S. crude lost 17 cents at $56.89 a barrel as of 0003 GMT after it settled up 7 cents at $57.06 on...

  • *Iran ship seizure, Yemen incident boost prices early. NEW YORK, April 28- Oil prices remained under pressure on Tuesday, with Brent settling lower and U.S. crude near flat, as worries about swollen U.S. crude stockpiles cut price gains from an early rally on security scares in the Middle East and a weak dollar. U.S. crude settled up 7 cents at $57.06, after running to as...

  • NEW YORK, April 26- Four-hundred miles from the near overflowing tanks at the U.S. oil hub in Cushing, Oklahoma, a second glut in the Permian Basin of West Texas is pressuring oil prices once again as pipeline disruptions strand millions of barrels in the region. Stockpiles in Cushing, the delivery point for the U.S. futures contract, hit a record in the week to March 13,...

  • HOUSTON, April 24- Aubrey McClendon, the former CEO of Chesapeake Energy Corp, is under investigation by the U.S. Department of Justice for potential antitrust violations related to leasing oil and gas properties, according to a regulatory filing by a new business venture he helps run. "In connection with the formal investigation of Chesapeake in 2012 by the U.S....