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MarketWatch 09/18/2020 14:40
U.S. oil futures settled with a modest gain on Friday, ending higher for the week after the Organization of the Petroleum Exporting Countries and its allies reiterated their commitment to output cuts. Prices for the U.S. benchmark, however, ended below the session's highs, briefly turning lower for the session afterAljazeera reported that Libyan commander Khalifa Haftar announced a conditional lifting of a months-long blockage of oilfields and ports by the Libyan National Army. That fed expectations for higher global crude supplies. October West Texas Intermediate oil rose 14 cents, or 0.3%, to settle at $41.11 a barrel on the New York Mercantile Exchange. Front-month prices rose 10.1%, marking the strongest weekly rise since the week ended.
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Moneycontrol.com 09/18/2020 07:25
Crude oil futures eased to Rs 3,019 per barrel on September 18 as participants increased their short positions.
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Platts 09/17/2020 23:30
Singapore — [0325 GMT] Crude oil future prices ticked higher during the mid-morning trade in Asia Sept. 18, as the markets continued to price in a commitment from the OPEC to ensure that the members adhere to the mandated production cuts ...
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SmartMoney 07/17/2020 13:16
More than two years after China’s launch of yuan-denominated crude-oil futures, global interest in the contracts has seen a notable increase, but analysts don’t expect the contracts to become widely used anytime soon, citing challenges linked to currency and availability to international traders.
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