Oil Eases as Saudi Offers Big Discounts
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Oil prices eased on Monday as top world  exporter Saudi Arabia slashed prices for its westbound crude  sales in an effort to shift the large volumes it is offering to  cool world markets.
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Oil eases towards $79 a barrel on Friday, as a hurricane subsided in the Gulf of Mexico, though prices held near the previous day's record high on supply worries ahead of peak winter demand.
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Oil prices eased yesterday as top world exporter Saudi Arabia slashed prices for its westbound crude sales in an effort to shift the large volumes it is offering to cool world markets.
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Oil eased below $63 a barrel on Monday as investors weighed plans by OPEC members Nigeria and Venezuela to trim output against healthy inventories in top consumer the United States.
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Oil prices eased again on Tuesday with  the re-opening of two Iraqi pipelines, helping lift shares but  leaving most financial markets trading in narrow ranges after  sharp reactions in previous sessions.
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Oil prices eased again on Tuesday with  the re-opening of two Iraqi pipelines, but most financial  markets traded in narrow ranges after sharp reactions in  previous sessions.
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London - Oil prices edged lower on Friday after a two-day rout that saw the value of crude drop 12 percent amid easing fears over a northern winter supply shortage, traders said.
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Oil eased below $61 a barrel on Tuesday, extending a 3 percent drop in the previous session, as forecasts for a further build in fuel stocks in the United States offset slight cuts in OPEC output.
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SINGAPORE/LONDON  - Oil eased below $63 a barrel on Monday as investors weighed plans by OPEC members Nigeria and Venezuela to trim output against healthy inventories in top consumer the United States.
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World oil prices eased on Friday, with  shortened trading hours in New York and London, as traders  squared positions ahead of a long U.S. weekend.
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Oil prices fell below $48 a barrel as tensions between US forces and rebel fighters in Iraq eased, raising hopes that attacks against the country&#39;s oil infrastructure would subside. US light crude for September delivery settled at $47.86 on the New York ...
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Oil prices eased on Tuesday, as Middle East cyclone fears waned, but concerns over gasoline supply in the United States kept crude above the $70 mark.
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World oil prices fell by more than 1 percent on Monday, deepening earlier losses, after Saudi Oil Minister Ali al-Naimi was quoted as saying markets were healthier and an industry source said that one South Korean refiner would receive an increase in Saudi supplies in March.
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Oil prices eased on Monday as top world  exporter Saudi Arabia slashed prices for its crude sales to the  United States and Europe in an effort to shift the large  volumes it is offering to cool world markets.
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Oil prices eased on Monday as  speculative funds continued to take profits but a tight global  supply picture stopped the selling from gaining much momentum.
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LONDON SEPTEMBER 6: Oil prices eased on Monday as speculative funds continued to take profits but a tight global supply picture stopped the selling from gaining much momentum.
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Oil prices ticked lower on Thursday, holding most of the previous day's gains after two car bombs in Saudi Arabia rekindled fears over Middle East supply security, one of the factors behind this year's 34 percent rally.