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Oil prices fall below $71 as OPEC gathers

Oil prices fell below $71 a barrel Wednesday, after rising more than $3 the previous day, as OPEC ministers were expected to maintain official output unchanged at their meeting in Vienna.

Oil prices hover near $71 as OPEC gathers

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Oil prices hovered above $71 a barrel on Wednesday, after rising more than $3 the previous day, as OPEC ministers were expected at their meeting in Vienna to maintain official output unchanged.

Oil prices hover near $71 as OPEC meets

IBTimes Logo
Oil prices hovered above $71 a barrel on Wednesday, after rising more than $3 the previous day, as OPEC ministers were expected at their meeting in Vienna to maintain official output unchanged.
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Oil posts biggest gain since July

Oil prices on Tuesday posted their biggest gain since the end of July as the dollar weakened and investors quenched a growing thirst for tangible commodities to hedge inflation.
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Oil rises above $70 as dollar takes a beating

Oil traded higher on Tuesday by nearly $3 at one point as investors quenched a growing risk appetite for tangible commodities against the background of a weakening dollar and the looming prospect of inflation.
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Oil rises above $69 as gold jumps

Oil prices rose above $69 a barrel on Tuesday as spot gold crossed a psychological threshold and ahead of an OPEC meeting analysts said would see more target compliance rhetoric but no change in output limits.
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OPEC set to hold supply steady, likes oil price

Oil at close to $70 means OPEC will almost certainly keep existing output cuts in place when it meets in Vienna on Wednesday, although it could seek to tighten compliance with existing targets, ministers and delegates said.
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Oil rises towards $69 ahead of OPEC, inventory data

Oil prices rose toward $69 a barrel on Tuesday, underpinned by comments by delegates from an OPEC meeting starting Wednesday, which analysts believe may see more rhetoric on compliance but no change in output targets.
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Oil ticks up ahead of OPEC, inventory data

Oil prices held steady on Tuesday with investors perched on the fence ahead of an OPEC meeting on Wednesday, which analysts believe may see more rhetoric on compliance but no change in output targets.
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Oil rises above $68 ahead of OPEC, inventory data

Oil prices rose above $68 a barrel on Tuesday with investors perched on the fence ahead of an OPEC meeting on Wednesday, which analysts believe may see more rhetoric on compliance but no change in output targets.
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Oil pushes towards $69; G20 lifts sentiment

Oil prices pushed toward $69 a barrel in thin trade on Monday, with sentiment buoyed by Asian and European equities and by a decision by the G20 to keep economic stimulus measures in place.
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Oil pushes towards $69

Oil prices pushed toward $69 a barrel in thin trade on Monday, with sentiment buoyed by Asian and European equities and by a decision by the G20 to keep economic stimulus measures in place.
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Oil steadies above $68; weak U.S. demand weighs

Oil prices were little changed on Monday, hovering above $68 a barrel, as concerns about weak energy demand in the United States, the world's top energy consumer, were offset by a broad rise in Asian equities markets.
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Oil inches higher on recovery hopes

Oil prices rose slightly on Friday as stronger equities boosted hopes for economic recovery, outweighing U.S. jobs data showed the unemployment rate at a 26-year high.
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Oil falls after U.S. jobs data

Oil prices slipped on Friday, weighed down by concerns about economic recovery after U.S. jobs data showed the unemployment rate at a 26-year high.
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Oil steady above $68, U.S. jobs data awaited

Oil ticked up above $68 a barrel on Friday in relatively thin dealing as investors awaited jobs data from the United States to provide some insight into the health of the world's top economy.
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Oil drops below $68 after U.S. jobs data

Oil dropped below $68 a barrel on Friday, weighed down by a stronger dollar after U.S. data showed the unemployment rate rose by less than expected, albeit to a 26-year high.
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OPEC likely to hold steady, but stocks worry

Bloated inventories and the risk of a price slide will trouble OPEC ministers when they meet in Vienna next week, but oil at close to $70 a barrel is expected to convince the group to hold output steady for now.
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OPEC likely to hold steady

Bloated inventories and the risk of a price slide will trouble OPEC ministers when they meet in Vienna next week, but oil at close to $70 a barrel is expected to convince the group to hold output steady for now.

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