TOKYO, March 18 (Reuters) – U.S. oil futures flirted with new highs for 2016 on Friday, adding to strong gains the previous session as optimism grew that major producers would strike a deal to freeze output, while a more benign interest rate environment also supported prices.
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LONDON, March 10 (Reuters) – Global distillate markets remain heavily oversupplied but the glut will not clear unless the world economy avoids recession and there is a renewed acceleration in freight demand.
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Source:: Reuters UK Natural Resources […]
NEW DELHI/MUMBAI, March 10 (Reuters) – India said on Thursday it hoped to unlock gas and oil resources worth almost $40 billion by simplifying licensing rules and offering price incentives to recover gas from difficult offshore fields.
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Source:: Reuters UK Natural Resources […]
BRENT CRUDE FUTURES EXTEND LOSSES, NOW DOWN $1.11 AT $39.96 A BARREL
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Source:: Reuters UK Natural Resources […]
