CRUDE OIL

Ghana inflation rises for first time in 19 months

Ghana's inflation rate jumped to 9.08 percent in January, the first increase in 19 months and due partly to a 30 percent rise in petrol prices, but analysts still expect the central bank to keep interest rates on hold next week.

US stocks decline on profit taking

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U.S. stocks declined in early trade on Wednesday as investors preferred to take profits after the Dow Jones Industrial Average reached its highest level since June 2008 on Tuesday.
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US stocks open with gains on deal news

U.S. stocks advanced in early trade on Monday with the S&P 500 Index gaining 4.88 points, or 0.37 percent, to trade at 1,315.75 at 9:50 a.m. EDT. The Dow Jones Industrial Average advanced 36.63 points, or 0.30 percent, to trade at 12,128.78. The Nasdaq Composite Index gained 0.31 percent.
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India-Iran oil payments dispute resolved

The government has resolved a month-long payments dispute with Iran over oil shipments, a source at the oil ministry said on Thursday, by allowing a domestic bank to handle payments in euros with a Germany-based counterpart.
Traders work on the floor of the New York Stock Exchange

US stocks open lower despite jobs data

U.S. stocks fell modestly in early trade on Thursday despite better-than-expected weekly jobless claims data as mixed earnings and political crisis in Egypt weighed on the sentiment.
Traders work on the floor of the New York Stock Exchange

US futures point to mixed open

Futures on major U.S. indices point to a mixed opening on Wednesday, after Dow and S&P finished at two year highs in the previous session.
soy beans

Analysis: China sets sights on soybean imports

China may speed up its soybean imports after the Lunar New Year and slow its vegetable oil buys as floods cut off palm oil supply in Malaysia and if port strikes further stall Argentine soyoil exports.

US stocks extend gains after ISM data

US stocks extend gains in early trade on Tuesday after a report showed that manufacturing activity rose at a faster pace than expected in January.
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Gold marks slight loss for day and month

Gold fell on Monday, notching its first monthly decline in six months, as strong U.S. factory and spending data coupled with fading worries about the euro zone debt crisis put a damper on the metal's rally.

Stocks up on earnings, Euro rises on rate hopes

U.S. stocks rose on Monday on strong earnings and merger activity, overshadowing concerns about the possible spread of unrest in Egypt which had caused a sharp selloff in world stocks on Friday.

US Stocks Higher on Earnings, Consumer Spending

Dow Jones Index was up 21.99 points, or 0.19 percent, to 11,845.69 and the S&P 500 index rose 4.54 points, or 0.36 percent, to trade at 1,280.88. Meanwhile, Nasdaq gained 0.39 points, or 0.01 percent, to 2,687.28.

Jobs, inflation and Egypt

Fundamentals and nasty surprises are on investors minds heading into February, with big tests in the coming week about jobs and inflation and increasing worries over Egypt and its region.
U.S major Chevron Corp's Kuito oilfield in Angola

Nigerian oil output at 2.4 mbpd, within quota-NNPC

Nigeria's combined crude oil and condensate production is currently 2.4 million barrels per day (bpd) but output from Africa's largest crude exporter still remains within its OPEC quota, the state oil company says.

US stocks open mixed, Boeing weighs on Dow

US stocks are trading mixed in early trade on Wednesday as declines from Boeing weighed on Dow, while investors and markets await the US Federal Reserve’s meeting and interest rate decision.

Algeria's Sonatrach sees steady oil, LNG exports

Algeria expects oil production to remain steady in 2011, while liquefied natural gas (LNG) supply contracts will be met despite reduced capacity, the head of state-owned energy giant Sonatrach said on Tuesday.

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