Thu, Dec 08, 2016
"Oil prices are being supported by a raft of factors including underlying strength in the U.S. economy shown in better than expected factory and nonfarm payroll data and Chinese regulators` attempts to cut excess supply in steel and other industries," said Michael McCarthy, chief market strategist at Sydney`s CMC Markets.
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Fri, Oct 14, 2016
"Oil prices rose overnight despite rising stockpiles in the U.S., as fuel supplies in the U.S. fell to the lowest level this year," ANZ bank said in a morning note on Friday.
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