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  • Supply glut lingers

    CNBC's Jackie DeAngelis reports oil prices opened lower this week around $45, and why downward pressure could remain for prices.

  • OIL PRICES EXTEND LOSSES; U.S., BRENT CRUDE DOWN BY $1 A BARREL EACH.

  • LONDON, July 18- Oil prices fell nearly 2 percent on Monday as traders shrugged off the impact of the attempted coup in Turkey and the market turned its attention to bearish fundamentals, while disruptions to crude exports in Libya lent prices some support. Brent crude futures fell 85 cents to $46.76 a barrel by 1311 GMT, while U.S. crude futures were 82 cents lower...

  • LONDON, July 18- Oil prices fell on Monday as traders shrugged off the impact of the attempted coup in Turkey and the market turned its attention to bearish fundamentals, while disruptions to crude exports in Libya lent prices some support. Brent crude futures fell 36 cents to $47.25 a barrel by 1131 GMT, while U.S. crude futures were 31 cents lower at $45.64 a barrel.

  • Rex Tillerson, chairman, president and CEO of Exxon Mobil.

    ExxonMobil has made a bid worth at least $2.2 billion for InterOil and its stake in a rich Papua New Guinea gasfield.

  • LONDON, July 18- Oil prices were largely unchanged on Monday as traders shrugged off the impact of the attempted coup in Turkey, while disruptions to crude exports in Libya and upbeat U.S. economic data lent prices some support. Brent crude futures rose 2 cents to $47.63 a barrel by 0924 GMT, while U.S. crude futures eased by 4 cents to $45.91 a barrel.

  • SINGAPORE, July 18- Oil prices were virtually unchanged in choppy Asian trade on Monday following gains last week as traders shrugged off the impact of Friday's attempted coup in Turkey, while upbeat economic data from the United States lent price support. Brent crude futures rose 2 cents at $47.63 a barrel as of 0653 GMT after closing up 24 cents in the previous...

  • SINGAPORE, July 18- Oil prices were virtually unchanged in choppy Asian trade on Monday following gains last week as traders shrugged off the impact of Friday's attempted coup in Turkey, while upbeat economic data from the United States lent price support. Brent crude futures rose 2 cents at $47.63 a barrel as of 0653 GMT after closing up 24 cents in the previous...

  • Commodity Prices

    Goldman Sachs AM's Sheila Patel says oil prices are stable at $50-$60 relative to production capacity and geopolitical challenges.

  • SINGAPORE, July 18- Oil prices rose in Asian trade on Monday, following gains last week, as traders shrugged off the impact of Friday's attempted coup in Turkey, while a weaker dollar and upbeat economic data from the United States lent price support. Brent crude futures rose 26 cents to $47.87 a barrel as of 0402 GMT after closing up 24 cents in the previous session,...

  • SINGAPORE, July 18- Oil prices were little changed in early Asian trade on Monday as traders shrugged off the impact of Friday's attempted coup in Turkey. A stronger dollar weighed on prices, although upbeat economic data from the United States and China that supported the outlook for global oil demand lent support. Istanbul's Bosphorus Strait, a key chokepoint...

  • Oil production

    Oil prices fell on Monday as rising stockpiles of crude and refined fuel intensified fears that another major glut is building.

  • SINGAPORE, July 18- Oil prices were little unchanged in early Asian trade on Monday as traders shrugged off the impact of Friday's attempted coup in Turkey. A stronger dollar weighed on prices, although upbeat economic data from the United States and China that supported the outlook for global oil demand lent support. Istanbul's Bosphorus Strait, a key...

  • NEW YORK, July 17- Oil prices were mixed and gold prices were under pressure on Sunday in early trade as traders digested the impact from Turkey's military coup, which was broadly expected to be limited on global markets. Prices of crude oil were barely changed after rallying on Friday after news that Turkey's military had seized power, igniting concerns about...

  • NEW YORK, July 17- Oil prices were either side of unchanged on Sunday in early trade as the impact from Turkey's failed military coup was broadly expected to be limited on global markets. The most-active Brent futures for September delivery rose $0.02, or 0.04 percent, at $47.63 per barrel. Prices had rallied in late trade on Friday after news that Turkey's armed...

  • BRENT CRUDE UP $0.06, OR 0.13 PCT, AT $47.67 A BARREL IN EARLY TRADE AFTER TURKEY'S FAILED COUP.

  • U.S. CRUDE DOWN BY $0.06, OR 0.13 PCT, AT $45.89 A BARREL.

  • RIYADH, July 17- Saudi Arabia's energy minister said on Sunday the kingdom always reacts to oil market supply and demand and it would continue to monitor crude markets for any developments. Lamprell, Aramco, National Shipping Company of Saudi Arabia and Hyundai Heavy Industries signed a potential partnership agreement relating to the yard earlier this year.

  • Turkish soldiers block Istanbul's Bosphorus Bridge on July 15, 2016 in Istanbul, Turkey.

    Turkey has reopened Istanbul's Bosphorus Strait to transiting tankers after shutting it earlier on Saturday for several hours following an attempted coup.