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  • NEW YORK, July 27- Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged on weak demand during the peak summer driving season. The U.S. Energy Information Administration said crude stockpiles soared 1.7 million barrels last week, instead of falling 2.3 million barrels as forecast.

  • NEW YORK, July 27- Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged despite the peak summer driving season as weak demand and profits forced refinery cutbacks. The U.S. Energy Information Administration said crude stockpiles soared 1.7 million barrels last week, instead of...

  • NEW YORK, July 27- Oil prices tumbled as much 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged despite the peak summer driving season as weak demand and profits forced refinery cutbacks. The U.S. Energy Information Administration said crude stockpiles rose 1.7 million barrels last week, instead of...

  • NEW YORK, July 27- Oil prices tumbled 2 percent on Wednesday, hitting two-month lows, after a surprise build in U.S. crude and gasoline inventories despite the peak summer driving season as refiners cut production amid faltering demand and profits. The U.S. Energy Information Administration said crude stockpiles rose 1.7 million barrels last week, instead of...

  • NEW YORK, July 27- Oil prices tumbled 2 percent on Wednesday, hitting two-month lows, after a surprise build in U.S. crude and gasoline inventories despite the peak summer driving season as refiners cut production amid faltering demand and profits. Brent was down $1.05, or 2.3 percent, at $43.82 a barrel by 11:49 a.m. EDT after hitting $43.62 earlier, its lowest...

  • NEW YORK, July 27- Oil prices tumbled more than 2 percent on Wednesday, hitting a two-month low, after the U.S. government reported a surprise build in crude and gasoline inventories during the peak summer driving season. Brent was down $1.03, or 2.4 percent, at $43.83 a barrel by 11:04 a.m. EDT after hitting $43.62 earlier, its lowest since May 10.

  • West Texas Intermediate crude futures fell about 1 percent or more earlier in the session, reacting to a U.S. crude draw of 827,000 barrels for the week to July 22 reported by trade group American Petroleum Institute late Tuesday. That figure was well short of the 2.3 million-barrel draw that analysts expect the U.S. government's Energy Information...

  • Futures traded 51 cents down at $44.36 a barrel by 1045 GMT. West Texas Intermediate crude was trading down 22 cents at $42.70 a barrel, close to a three-month low of $42.36 reached on Tuesday. "Today's weakness is just part of the general belief that the market is oversupplied," said Tamas Varga, oil analyst at London brokerage PVM Oil Associates.

  • Futures traded down 49 cents at $44.38 a barrel at 0914 GMT. West Texas Intermediate crude was trading down 26 cents at $42.66 a barrel, close to a three-month low of $42.36 reached on Tuesday. "Today's weakness is just part of the general belief that the market is oversupplied," said Tamas Varga, oil analyst at London brokerage PVM Oil Associates.

  • COPENHAGEN, Denmark— Norwegian oil and gas company Statoil ASA posted a loss in the second quarter, pushing it to rein in investment this year. The state-controlled company on Wednesday reported a net loss of $302 million, from a profit of $866 million for the same period a year ago. Statoil shares fell 4.7 percent to 137.80 kroner in morning trading in Oslo.

  • Drawn from New York and Boston by good-paying jobs at the Mohegan Sun and Foxwoods resorts, Chinese and other Asian immigrants have been buying homes, raising families and growing their own food in what had once been largely white communities along Connecticut's Thames River. I can even fish, " Xu Song Mu, a 62- year-old former Mohegan Sun worker who moved from...

  • *Most cod and haddock eaten in UK is imported. LONDON, July 10- Prices of salmon and squid have soared as disease and weather hurt global supplies, and British fish sellers say the Brexit-related drop in its currency may be the next scourge. The British pound has fallen to a 31- year low on fears about the effect of the June 23 vote to leave the European Union, leaving it...

  • *Most cod and haddock eaten in UK is imported. LONDON, July 10- Prices of salmon and squid have soared as disease and weather hurt global supplies, and British fish sellers say the Brexit-related drop in its currency may be the next scourge. The British pound has fallen to a 31- year low on fears about the effect of the June 23 vote to leave the European Union, leaving it...

  • OSLO, July 5- Britain's vote to leave the European Union could hurt Norway's exports to Britain and hit the profitability of the Nordic country's banking, insurance and property sectors, the International Monetary Fund said on Tuesday. Britain is Norway's third-biggest destination for goods produced by its mainland economy, which excludes the volatile oil...

  • OSLO, July 4- By 2022, Norway could realize every step in the development of a technology many see as critical to reducing global carbon emissions, carbon capture and storage, it said on Monday. Oslo said it could capture carbon dioxide from an industrial plant, transport it by ship and inject it into an empty North Sea oil and gas reservoir for 4.3 billion to 7.6...

  • SAN FRANCISCO/ NEW YORK, July 1- Tesla officially touts its partial self-driving Autopilot feature as a back-up to human drivers, but some of the car maker's comments- and some high profile videos- have led many drivers to think of it as a replacement. The questions of whether drivers are being lulled into a false sense of security by such technology, and who is...

  • LONDON, July 1- The British offshore wind industry, already bruised by subsidy changes, faces uncertainty after Britain voted to leave the European Union, with investors worried about future government incentives, exchange rates and export duties. Businesses in many industries have reported that the result of the June 23 referendum has created uncertainty...

  • *Central bank keeps main rate at 0.50 pct. OSLO, June 23- Norway's central bank left its key interest rate unchanged on Thursday, as expected, and the head of the bank said there was a "full probability" of a rate cut in September, to fight an economic downturn caused by low oil prices. On the day that Britons vote on whether to stay in the European Union, Governor Oeystein...

  • THURSDAY, JUNE 23 NEW YORK- Federal Reserve Bank of Dallas President Rob Kaplan speaks on "Economic Conditions and the Role of Monetary Policy" at the Money Marketeers of New York University event- 2300 GMT. PARIS- European Central Bank board member Yves Mersch speaks at the European chief economists meeting organised by Natixis- 1100 GMT FRANKFURT- European...

  • THURSDAY, JUNE 23 NEW YORK- Federal Reserve Bank of Dallas President Rob Kaplan speaks on "Economic Conditions and the Role of Monetary Policy" at the Money Marketeers of New York University event- 2300 GMT. PARIS- European Central Bank board member Yves Mersch speaks at the European chief economists meeting organized by Natixis- 1100 GMT FRANKFURT- European...