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  • *U.S. crude hit low just cents above March 2009 low of $42.03. NEW YORK, Aug 13- U.S. oil futures fell more than 2 percent on Thursday to trade near their lowest price in six and a half years, as data showing a big rise in key U.S. stockpiles intensified worries over a growing global glut. Oil has fallen by nearly a third since late June, a decline that continued this week after...

  • The front-month in crude futures on the New York Mercantile Exchange was down $1.10, or 2.5 percent, at $42.20 a barrel by 10:55 a.m. EDT. The session low was $42.07, just above the year's bottom of $42.03 hit in March. Traders said repairs at BP Plc's refinery Whiting, Indiana that could last at least a month, idling some 240,000 barrels per day of crude distillation.

  • *U.S. refinery problems raise Cushing oil stock concerns. *China's economy expected to weaken further. Benchmark North Sea Brent crude oil fell by 25 cents to $49.41 a barrel by 1315 GMT after hitting a session high of $50.39.

  • *Iraq to export near record volumes of Basra crude. *China's economy expected to weaken further. *U.S. refinery issue raises Cushing oil stock concerns.

  • *Iraq to export near record volumes of Basra crude. *China's economy expected to weaken further. Benchmark North Sea Brent crude oil was up 60 cents at $50.26 a barrel by 0855 GMT.

  • *Disney cuts cable unit profit forecast, stock slides. *First Solar rallies after earnings, guidance. Aug 5- The S&P 500 and Nasdaq Composite rose on Wednesday following three days of losses as tech shares advanced, while the blue-chip Dow index was flat, weighed down by Disney's largest daily drop in seven years.

  • Aug 5- Chesapeake Energy Corp swung to a quarterly loss on Wednesday from a year ago and shares fell as much as 10 percent as worries about hefty debt and spending at the No. 2 U.S. natural gas producer linger amid low prices. Chesapeake's capital expenditures of $960 million in the second quarter exceeded some expectations and long-term debt was $10.66 billion, up...

  • *Comments overshadow Time Warner's strong results. *Time Warner shares fall as much as 9 pct. Aug 5- Time Warner Inc's shares fell as much as 9 percent after Walt Disney Co alarmed investors with a dour outlook for its cable business, suggesting that more people were switching to video-streaming from paid TV than previously expected.

  • LONDON, Aug 5- Oil prices edged up for a second day on Wednesday, recovering from a drop below $50 a barrel, after weekly data showed a fall in U.S. crude inventories, while a stronger dollar tempered gains. Growing oversupply, slowing demand from China and the prospect of crude flooding onto the market from Iran after Tehran's deal with the West over its nuclear...

  • LONDON, Aug 5- Oil prices rose for a second day on Wednesday, recovering from a drop below $50 a barrel after weekly data showed a fall in U.S. crude stocks, although a stronger dollar tempered gains. Growing oversupply, slowing demand from China and the prospect of crude flooding onto the market from Iran after Tehran's deal with the West over its nuclear program...

  • SINGAPORE, Aug 5- Benchmark Brent crude oil prices rose above a key support level of $50 on Wednesday, up for a second session from multi-month lows, as investors await U.S. oil inventories data to gauge supply. "The market is still digesting news of Iran coming back with more supply," Ben Le Brun, a markets analyst at OptionsXpress in Sydney said. September Brent crude...

  • SINGAPORE, Aug 5- Benchmark Brent crude oil prices rose above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. "The market is still digesting news of Iran coming back with more supply," Ben Le Brun, a markets analyst at OptionsXpress in Sydney said. September Brent crude rose 35...

  • Brent inches up above $50 ahead of US oil stocks data Tuesday, 4 Aug 2015 | 10:05 PM ET

    SINGAPORE, Aug 5- Benchmark Brent crude oil prices inched up just above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. "The market is still digesting news of Iran coming back with more supply," Ben Le Brun, a markets analyst at OptionsXpress in Sydney said. September Brent crude...

  • *U.S. crude gained 14 cents to $45.88 a barrel as of 0000 GMT. *Brent also rose 14 cents to $50.13 a barrel after previously settling up 47 cents, or 1 percent, at $49.99 a barrel. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 504,000 barrels, the American Petroleum Institute said.

  • WASHINGTON, Aug 4- Oklahoma regulators are imposing new restrictions on energy companies injecting wastewater underground as they produce oil and natural gas, in the latest effort to stem a sharp increase in earthquakes. The new rules, announced by the Oklahoma Corporation Commission on Monday evening, require operators in parts of two Oklahoma counties to...

  • Apple's momentum 'meltdown' bites investors Tuesday, 4 Aug 2015 | 5:06 PM ET

    NEW YORK, Aug 4- Has the "curse of the Dow" finally caught up with Apple? For CEO Tim Cook, it means his stake of more than 111 million shares is now worth about $12.76 billion, compared with nearly $15 billion at the peak in late April. "When you get a stock that is over-owned it's difficult to find that incremental buyer," said Art Hogan, chief market strategist at Wunderlich...

  • WASHINGTON, Aug 4- Oklahoma regulators are imposing new restrictions on energy companies injecting wastewater underground, in the latest effort to stem a sharp increase in earthquakes. The new rules, announced by the Oklahoma Corporation Commission on Monday evening, require operators in parts of two Oklahoma counties to reduce the amount of saltwater they...

  • NEW YORK, July 29- U.S. crude oil inventories declined far more than expected last week, while gasoline stocks decreased amid robust demand for the motor fuel, data from the Energy Information Administration showed on Wednesday. U.S. crude was up $1.02 at $49 a barrel at 11:13 a.m. EDT, well above its session low of $47.39. Brent crude was up 58 cents at $53.88, having...

  • UPDATE 1-Spirit AeroSystems profit rises as costs fall Wednesday, 29 Jul 2015 | 8:49 AM ET

    July 29- Aircraft parts maker Spirit AeroSystems Holdings Inc reported a better-than-expected quarterly profit as costs fell and said it would buy back up to $350 million of stock. The company, which makes fuselages and propulsion systems for Boeing Co and Airbus Group SE, said total expenses fell 7.5 percent to $1.47 billion in the second quarter from a year...

  • NEW YORK, July 29- When Matt and Jen Osmun opened their vape shop in Bethel, Connecticut, last December, they didn't expect to get a boost from the local medical marijuana outlet. "Sales are going really well, and getting better every month," said Jen Osmun, who started the business with her husband, a former plumber, after he was injured in an accident.