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Todays oil prices steady on US debt deal hopes

2013-10-16 01:00:00| Offshore Technology

Crude oil futures held their ground today, as the US Senate is close to reach a deal to raise the nation's debt ceiling and provide temporary government funding.

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Without shale, oil prices would be a lot higher

2013-10-15 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: Unheralded and unnoticed, American oil producers are helping stabilize global oil prices, which would be a lot higher if new U.S. oil supply, mostly from shale, werent reaching world markets. Public attention usually focuses on shale from the perspective of local business benefit or environmental concern. Holding down prices doesnt figure as a benefit but its a story worth telling. Even with Saudi Arabia pumping oil at its fastest clip in decades, oil prices remain stubbornly high. For example,...

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Today's oil prices dip before Iran's nuclear talks

2013-10-15 01:00:00| Offshore Technology

Oil prices slipped on Tuesday, ahead of proposed talks regarding Iran's nuclear programme, which is expected to create a weaker global demand for oil with the increase of crude supplies.

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Today's oil prices slip as China's crude exports drop

2013-10-14 01:00:00| Offshore Technology

Oil prices decreased slightly today, after China's export growth fizzled out in September to post a surprise fall, which signalled that the world's second largest economy was gaining strength and reflecting weak global demand for oil.

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Today's oil prices fall after US borrowing authority talks fail

2013-10-11 01:00:00| Offshore Technology

Oil prices dropped on Friday, following the failure of US President Obama and Republicans on reaching an agreement on a six-week extension to the nation's borrowing authority.

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