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Oil

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  • LONDON, Aug 1- Brent crude oil fell to a two-week low on Friday, slipping towards $105 a barrel as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. Worries over geopolitical risks to oil supply have eased despite escalating violence in parts of the Middle East and North Africa.

  • LONDON, Aug 1- Brent crude oil fell below $106 a barrel on Friday as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. Worries over geopolitical risks to oil supply have eased despite escalating violence in parts of the Middle East and North Africa.

  • SINGAPORE, Aug 1- Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. U.S. crude futures for September delivery fell 16 cents to $98.01 a barrel, following a 6.8 percent decline last month, the biggest monthly loss since May 2012.

  • SINGAPORE, Aug 1- Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. U.S. crude futures for September delivery fell 13 cents to $98.04 a barrel, following a 6.8 percent decline last month, the biggest monthly loss since May 2012.

  • *CVR Refining said on Thursday that its 115,000- barrel-per-day Coffeyville, Kansas, refinery, which is a major consumer of West Texas Intermediate crude, could be down four weeks after a July 29 fire in the facility's isomerization unit.

  • *OPEC oil output rises in July from June- Reuters survey. NEW YORK, July 31- U.S. crude oil tumbled more than $2 on Thursday, going below $98 a barrel, hitting the lowest level since March on news of a potentially lengthy shutdown at a Kansas oil refinery, while Brent also slipped amid signs of robust OPEC oil production.

  • *OPEC oil output rises in July from June- Reuters survey. NEW YORK, July 31- U.S. crude oil tumbled more than $2 on Thursday, going below $98 a barrel, hitting the lowest level since March on news of a potentially lengthy shutdown at a Kansas oil refinery, while Brent also slipped amid signs of robust OPEC oil production.

  • LyondellBasell done buying disputed Iraqi crude Thursday, 31 Jul 2014 | 1:57 PM ET
    Refinery workers stand in front of the coker flare stack and cooling tower after a press conference at the LyondellBasell oil refinery in Houston.

    LyondellBasell, after reports that it bought disputed Kurdish oil, said it would scrap additional purchases for the time being.

  • *OPEC oil output rises in July from June- Reuters survey. NEW YORK, July 31- U.S. crude oil tumbled to a more than four-month low under $100 a barrel on Thursday on news of a potentially lengthy shutdown at a key oil refinery in Kansas, while Brent also slipped amid signs of robust OPEC oil production.

  • CRUDE OIL FUTURES EXTEND LOSSES BY MORE THAN $2; HIT FOUR-MONTH INTRADAY LOW OF $98.24.

  • NEW YORK, July 31- U.S. crude oil futures plunged by nearly $2 and Brent crude oil futures fell by more than $1 per barrel on news that the 115,000- barrel-per-day Coffeyville, Kansas, refinery could be down for four weeks following a July 29 fire.

  • US oil shipment navigates around decades-old ban Thursday, 31 Jul 2014 | 12:49 PM ET
    The Overseas Santorini tanker sails under the Harbor Bridge into the Port of Corpus Christi in Corpus Christi, Texas.

    U.S. oil production continues to boom, and a loophole in a law has allowed the first export of unrefined American oil in decades.

  • July 31- Exxon Mobil Corp, the world's largest publicly traded oil company, reported a stronger-than-expected quarterly profit on Thursday as higher prices for its crude and natural gas offset a 6 percent drop in production.

  • July 31- Exxon Mobil Corp, the world's largest publicly traded oil company, on Thursday reported better-than-expected quarterly profit on Thursday on higher prices for crude and natural gas. The company said net income rose to $8.78 billion, or $2.05 per share, from $6.86 billion, or $1.55 per share, in the year-ago period.

  • ExxonMobil is 'free cash flow machine': Pro     Thursday, 31 Jul 2014 | 5:50 AM ET

    John Stephenson, president and CEO of Stephenson & Company Capital Management, discusses ExxonMobil ahead of earnings and says the results should be "pretty good".

  • *OPEC oil output rises in July from June- Reuters survey. LONDON, July 31- Brent crude slipped below $106 a barrel on Thursday as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle East, Africa and Ukraine.

  • *OPEC oil output rises in July from June- Reuters survey. SINGAPORE, July 31- Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle East and Africa.

  • Brent slips toward $106 as US fuel demand disappoints Thursday, 31 Jul 2014 | 12:14 AM ET

    *OPEC oil output rises in July from June- Reuters survey. SINGAPORE, July 31- Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle East and Africa.

  • US oil hammered to 4-month lows under $99 Thursday, 31 Jul 2014 | 2:40 PM ET

    U.S. crude tumbled to a more than 4-month low under $100 a barrel on news of a lengthy shutdown at a key oil refinery in Kansas.

  • TOKYO, July 31- U.S. crude oil futures fell under $100 in early Thursday trade, putting the contract on course for its steepest monthly slide in nine months, as concerns over weak demand rose while fears over supply shortages in the Middle East and North Africa waned.