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  • TORONTO, April 7- Canada's main stock index fell on Thursday as lower oil prices weighed on energy stocks, while the heavyweight financials group also fell as global shares dipped and investor appetite for risk weakened. The most influential movers on the index included Toronto-Dominion Bank, which fell 1.1 percent to C $54.32, and Manulife Financial Corp,...

  • Oil Russia

    U.S. ratings agency Moody’s has warned oil, gas and mining companies are finding it harder to raise short-term liquid funds.

  • $50 oil by end of 2016: Expert

    Helima Croft, RBC Capital Markets, provides insight ahead of April 17th's big meeting among major oil producers hoping for an agreement on output freeze, And Croft shares her prediction on oil by year's end.

  • MOSCOW, April 7- An expected contraction in Russia's economy this year may be less than 1.3-1.5 percent, Central Bank Governor Elvira Nabiullina said on Thursday, assuming oil prices stay around current levels. "The Bank of Russia expects the continuation of an insignificant economic decline this year- around 1.3-1.5 percent at an oil price of $30 per barrel," she...

  • *North Sea oil field maintenance supports Brent futures. *Iraq exports higher than planned. LONDON, April 7- Oil steadied at around $40 per barrel on Thursday as a surprise fall in U.S. inventories the previous day was offset by an increase in exports from Iraq, underlining global oversupply.

  • Oil and gas firms face liquidity pressure: Moody's

    Alessandro Roccati, senior vice president at Moody's, says Europe's banking sector is not overexposed to the oil and gas sector.

  • European Central Bank (ECB) President Mario Draghi.

    European equities closed in the red on Thursday, as investors digested the latest set of minutes from the European Central Bank.

  • *North Sea oil field maintenance supports Brent futures. SINGAPORE, April 7- Crude futures rose on a raft of supportive indicators on Thursday, although some traders warned that physical supply and demand fundamentals did not warrant a strong price recovery at this stage. International Brent futures jumped above $40 per barrel in early trading and stood at...

  • A laborer works at the Nahr Bin Umar oil field, southeast of Baghdad, Iraq.

    U.S. oil fell over 1 percent after industry data suggested a pipeline shutdown had not reduced crude flows as much as expected.

  • *North Sea oil field maintenance supports Brent futures. International Brent futures traded above $40 per barrel in early trading and stood at $40.07 at 0038 GMT, up 23 cents from the last close and almost 8 percent above lows reached earlier this week. In Europe, North Sea oil field maintenance expected next month lent support to Brent futures, which are priced...

  • Oil Drums stacked on top of each other

    According to this analyst oil is surging to $60 by the year's end, but a balance will come sooner than many expect.

  • Oil prices will rise, supply fall: Oil analyst

    Will the oil rally last? The macro view on oil with Kris Kelley, Janus Capital energy & oil research analyst, and Michael Scialla, Stifel, Nicolaus & Co. energy analyst.

  • CRUDE OIL UP BY $2 A BARREL, EXTENDING RALLY AHEAD OF SETTLEMENT.

  • 'Limited chance' DOJ wins BHI/HAL suit: Uhlmer

    Discussing the Justice Department's suit to block the deal between Baker Hughes and Halliburton, with Brian Uhlmer, GMP Securities.

  • Futures Now: Oil bounces

    The Futures Now team discusses the oil inventory dropping, and the price of oil spiking more than 5 percent.

  • NEW YORK, April 6- Oil prices surged more than 5 percent on Wednesday, heading for their largest gain in three weeks, after the U.S. government reported a surprise draw in domestic crude stockpiles versus market expectations for a new record high. Crude stocks unexpectedly fell 4.9 million barrels last week as refineries continued to hike output and imports...

  • BRENT CRUDE OIL UP BY $2 A BARREL, EXTENDING RALLY, AFTER SURPRISE U.S.

  • NEW YORK, April 6- Oil prices surged by 4 percent or more on Wednesday after the U.S. government reported a surprise draw in domestic crude stockpiles last week, versus market expectations for a new record high. U.S. crude futures were up $1.60, or 4.4 percent, at $37.49 a barrel by 11:20 a.m. EDT. "I think the market is more about the total change in inventories, rather...

  • NEW YORK, April 6- TransCanada Corp is delaying the restart of its 590,000 barrel per day Keystone crude pipeline to Tuesday from Friday, four traders familiar with the matter said on Wednesday. The line, which delivers crude from Hardisty, Alberta to Cushing, Oklahoma, and to Illinois, was shut over the weekend after a potential leak. Time spreads in the benchmark...

  • April 6- U.S. crude oil inventories unexpectedly fell from record highs last week as refineries continued to hike output and imports fell, while gasoline stocks rose, snapping a six-week decline, data from the Energy Information Administration showed on Wednesday. The EIA report was "modestly supportive" with the jump in refinery runs and fall in imports "...