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Daily Market Update, Thursday, October 28, 2010

Oil was stable on Thursday, due to a delay in announcing the size of monetary stimulus expected from Federal Reserve, caused by an unexpected drop appeared in U.S. gasoline stockpiles. At 06:43 GMT, U.S. crude for December increased at $81.98 per barrel, while ICE Brent decreased at $83.20 per barrel.

read more... 29/10/2010

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Daily Market Update, Wednesday, October 27, 2010

Oil was down below $82 per barrel on Wednesday, because of unstable dollar movements up and down. At 10:46 GMT, U.S. crude for December decreased at $81.86 per barrel, down 3% from a five-month high of $84.43 reached on October 7, while ICE Brent decreased at $83.00 per barrel.

read more... 28/10/2010

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Daily Market Update, Tuesday, October 26, 2010

Oil was down at $82 per barrel on Tuesday, thanks to dollar strength and to a report expected to show an increase in U.S. crude oil stockpiles. At 08:23 GMT, U.S. crude for December decreased at $81.92 per barrel, while ICE Brent dropped at $83.12 per barrel.

read more... 27/10/2010

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Daily Market Update, Monday, October 25, 2010

Oil was up above $82 per barrel on Monday, gaining for a second session as the U.S. currency weakened. The dollar dropped, as low as hitting a 15-year low against the yen. At 11:30 GMT, U.S. crude for December increased at $82.35 per barrel, while ICE Brent climbed to $83.50 per barrel.

read more... 26/10/2010

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Daily Market Update, Friday, October 22, 2010

Oil prices were up above $81 per barrel on Friday, because of a dip in the dollar index stoked buying for commodities. At 13:35 GMT, U.S. crude futures increased at $81.44 per barrel, while ICE Brent increased at $82.92 per barrel.

read more... 25/10/2010

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