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  • Why China GDP isn't oil's saving grace  Monday, 19 Jan 2015 | 10:33 PM ET

    China's above-view GDP data released on Tuesday won't change the direction of oil prices as that is hinged on a supply fix, says Randy Ollenberger, Analyst at BMO Nesbitt Burns.

  • UPDATE 1-Oil markets dip on weak China GDP data Monday, 19 Jan 2015 | 10:22 PM ET

    SINGAPORE, Jan 20- Oil markets dipped on Tuesday as China's economic growth for 2014 undershot a government target and hit its weakest annual expansion in 24 years, adding to worries in energy markets already suffering from slowing demand and oversupply. The world's second-largest economy grew 7.4 percent last year, China's National Bureau of Statistics...

  • Giles Keating, Global Head of Research, Private Banking & Wealth Management at Credit Suisse, says markets need to stop worrying about low inflation, which is driven by cheaper oil prices that will benefit the global economy.

  • Oil markets open cautiously ahead of China GDP data Monday, 19 Jan 2015 | 8:35 PM ET

    SINGAPORE, Jan 20- Oil markets opened to cautious trading in Asia on Tuesday ahead of data expected to show China's economy grew at the slowest pace in 24 years in 2014, stoking worries in energy markets already suffering from slowing demand and oversupply. Brent crude futures were trading at $48.90 per barrel at 0115 GMT, close to their last settlement, while U.S....

  • Oil settles 5% lower after IMF cuts growth outlook Tuesday, 20 Jan 2015 | 2:34 PM ET

    Brent crude prices steadied below $49 a barrel after the IMF cut its forecast for global economic growth in 2015 implying lower demand for fuel.

  • TOKYO, Jan 20- U.S. crude futures were little changed on Tuesday, holding below $48 a barrel, as the market awaited data expected to show a slowdown in the world's second-biggest economy China. *NYMEX crude for February delivery was down $1.11 at $47.58 a barrel by 2348 GMT, little changed from late trading on Monday. *Iran's oil minister said on Monday that...

  • Here's why you should stop picking a bottom in oil  Monday, 19 Jan 2015 | 5:50 PM ET

    Gaurav Sodhi, Resources Analyst at Intelligent Investor, says current oil prices are unsustainable and will rise eventually, but that may take years as supply responds to demand changes.

  • *China faces significant downward pressure on economy- Premier. *Iraq announces record oil production for December. Jan 19- Brent crude oil prices fell below $49 a barrel and U.S. crude also fell more than $1 on Monday after the global economic outlook darkened and Iraq announced record oil production.

  • MIDLAND, Texas— A swift plunge in the price of crude is sending shockwaves across West Texas oil country. Some producers in the oil-rich Permian Basin are slashing spending plans for 2015 as crude prices have fallen by nearly half in just six months, according to the Midland Reporter-Telegram. Diamondback Energy, another Midland- based operator, is also revising...

  • *China faces significant downward pressure on economy- Premier. *Iraq announces record oil production for December. Jan 19- Brent crude oil prices fell below $49 a barrel and U.S. crude also fell more than $1 on Monday after the global economic outlook darkened and Iraq announced record oil production.

  • *China faces significant downward pressure on economy- Premier. *Iraq announces record oil production for December. LONDON, Jan 19- Brent crude oil prices fell below $50 a barrel on Monday after the global economic outlook darkened and Iraq announced record oil production.

  • Brent crude futures, a major driver for Russian assets since oil is Russia's chief export, traded around $50 a barrel, with some support coming from falling U.S. output growth although concerns about global growth weighed. Russia's central bank on Monday offered up to $17 billion in foreign currency repos, with $7 billion offered in one-month repos and $10...

  • *China faces significant downward pressure on economy- Premier. LONDON, Jan 19- Brent crude oil prices fell below $50 a barrel on Monday after the global economic outlook darkened and Iraq announced record oil production. The world's biggest energy consumer, China, faces significant downward pressure on its economy, its premier Li Keqiang was quoted by state...

  • Iraq back from the brink with record oil figures Monday, 19 Jan 2015 | 5:53 AM ET

    Despite struggling to recover from the 2003 war and the continuing ISIS insurgency, Iraq produced a record amount of oil last month.

  • What are the key oil catalysts?  Monday, 19 Jan 2015 | 5:30 AM ET

    Steven Wieting, global chief strategist at Citi Private Bank, says that fundamentals haven't differed dramatically to when oil was at $100 per barrel, but that volatility has to do with many factors including the U.S. dollar and policy expectations.

  • What are the key oil catalysts?  Monday, 19 Jan 2015 | 5:10 AM ET

    Steven Wieting, global chief strategist at Citi Private Bank, says that fundamentals haven't differed dramatically to when oil was at $100 per barrel, but that volatility has to do with many factors including the U.S. dollar and policy expectations.

  • Could ECB QE be Russia's savior?  Monday, 19 Jan 2015 | 4:30 AM ET

    How will the European Central Bank's first meeting of 2015 affect Russia? David Hauner, head of cross-asset strategy for EEMEA at BofA Merrill Lynch Global Research, says that if the ECB is aggressive with bond-buying and stabilizes oil prices, it could reduce risk in Russia.

  • UPDATE 4-Oil prices slip on record Iraq output Monday, 19 Jan 2015 | 5:17 AM ET

    *Iraq announces record oil production for December. LONDON, Jan 19- Brent crude oil prices fell below $50 a barrel on Monday after Iraq announced record oil production and the global economic outlook darkened. Abdel Mehdi said Iraq planned to a big increase in exports from the northern city of Kirkuk and the Kurdistan region, which would increase production to...

  • Could ECB QE be Russia's savior?  Monday, 19 Jan 2015 | 4:40 AM ET

    How will the European Central Bank's first meeting of 2015 affect Russia? David Hauner, head of cross-asset strategy for EEMEA at BofA Merrill Lynch Global Research, says that if the ECB is aggressive with bond-buying and stabilizes oil prices, it could reduce risk in Russia.

  • UPDATE 3-Oil prices dip on gloomy economic outlook Monday, 19 Jan 2015 | 3:31 AM ET

    *Malaysia to announce measures as oil earnings slide. *Prices to be in $60- 80 a barrel range until 2020- analyst. SINGAPORE, Jan 19- Brent crude oil prices dipped back below $50 a barrel on Monday as Europe's and Asia's economic outlook darkened, although some price support came from falling U.S. output.