COMMODITIES

Oil at $52, recoups losses after ship collision

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Oil hovered above a four-month high on Friday at $52 a barrel, recouping earlier losses as the market sought a new base above $50 and after news of a ship collision in the key Strait of Hormuz shipping lane.
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Oil up more than 6 percent on Fed bond move

Oil jumped more than 6 percent to above $51 a barrel on Thursday after a move by the Federal Reserve to buy government bonds hit the dollar and revived expectations the U.S. economy could soon begin its recovery.
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Oil hits $50 on Fed's bond move, weak dollar

Oil rose to $50 a barrel for the first time since January on Thursday after a move by the Federal Reserve to buy government bonds hit the dollar and revived hopes the U.S. economy could soon begin its recovery.
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Oil falls below $48 after U.S. stock build

Oil fell more than 3 percent to below $48 a barrel on Wednesday after fresh industry data showing a build in U.S. crude oil stocks and the World Bank cut its forecast for China's economic growth this year.
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Oil rises above $48, eyes inventory data

Oil rose above $48 a barrel on Tuesday, testing the top end of a trading range it has held so far this month, ahead of United States inventory data expected to show a build in crude oil stocks.
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Oil falls below $47, eyes inventory data

Oil slid below $47 a barrel on Tuesday, although staying within the trading range it has held so far this month, ahead of United States inventory data expected to show a build in crude oil stocks.
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Oil rises above $47 on equities rally

Oil rose to more than $47 on Monday, reversing earlier losses, on the view that OPEC cuts had started to take effect and a rally in equity markets.
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Oil drops over 3 percent after OPEC keeps output steady

Oil fell over 3 percent to below $45 a barrel on Monday as traders questioned whether OPEC's decision to enforce better compliance with previous curbs rather than make new production cuts was enough to offset eroding global demand.
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OPEC considers full compliance or fresh cuts

OPEC ministers began talks on Sunday to decide whether to set new output targets or stick to existing curbs against a backdrop of swelling oil inventories and a shattered world economy.
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OPEC yet to decide on compliance or more cuts

OPEC ministers weighed the options of tighter compliance with existing output curbs or agreeing to new cuts as they prepared to meet Sunday against a backdrop of high oil stocks and a damaged world economy.
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OPEC to debate compliance versus cuts

OPEC ministers will on Sunday debate whether their best policy is strict compliance with existing output curbs or a new set of cuts as they balance the issues of bulging oil stocks and a bruised world economy.
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OPEC ministers to debate compliance versus cuts

OPEC ministers in Vienna this weekend will debate whether the best policy is strict compliance with existing curbs or a new set of output cuts as they balance the issues of bulging oil stocks and a bruised world economy.
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Oil below $47 after 11 percent jump

Oil edged down below $47 a barrel on Friday ahead of OPEC's meeting this weekend which pushed prices up by more than 11 percent in the previous session, helped by better-than-expected economic data.
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Oil rebounds above $43

Oil rose more than $1 above $43 a barrel on Thursday encouraged by strong loan data from China, which investors speculated could feed through into economic growth, and ahead of an OPEC meeting.
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Oil drops 7 percent on weak demand

Oil fell more than 7 percent to $42 per barrel on Wednesday on further signs of weak global demand and rising inventories in top consumer the United States.

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