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The close: TSX, global stocks fall with energy shares as oil prices drop - The Globe and Mail;

The close: TSX, global stocks fall with energy shares as oil prices drop - The Globe and Mail

The Globe and MailThe close: TSX, global stocks fall with energy shares as oil prices dropThe Globe and MailWorld stock markets and energy prices fell on Tuesday after both energy producers and consumers predicted an oil glut was likely to persist well into next year. The International Energy Agency said a sharp slowdown in global oil demand growth, coupled ...and more »

Oil prices fall as U.S. drillers add rigs, traders cut long positions - Business Standard;

Oil prices fall as U.S. drillers add rigs, traders cut long positions - Business Standard

Business StandardOil prices fall as U.S. drillers add rigs, traders cut long positionsBusiness StandardCrude prices fell over 1.5 per cent on Monday after US oil drillers added rigs and producers adapt to cheaper crude, with speculators cutting positions betting on further price hikes. International benchmark Brent crude oil futures were trading at $47 ...and more »

Global stocks drop with oil prices; long-dated bond yields rise - Business Standard

Global stocks drop with oil prices; long-dated bond yields riseBusiness StandardNEW YORK (Reuters) - World stock markets and energy prices fell on Tuesday after energy consumers and producers both predicted an oil glut was likely to persist well into next year. Long-dated U.S. bond yields rose to their highest levels in about ...and more »

International oil prices rise - Business News

International oil prices riseBusiness NewsOil prices have risen strongly, after tracking a rally in petrol futures sparked by a delayed restart of the main petrol line at Colonial Pipeline, the No. 1 carrier for the motor fuel in the United States. A run-up in Wall Street shares also boosted ...and more »

Oil prices hit by downward revision to global oil demand - Washington Post

Oil prices hit by downward revision to global oil demandWashington PostLONDON — Oil prices took a pounding Tuesday after a leading industry group said global oil demand growth is slowing by more than previously thought, largely because of a more pronounced economic slowdown during the third quarter of the year.and more »

OPEC points to larger 2017 oil surplus as rivals keep pumping - Yahoo Finance;

OPEC points to larger 2017 oil surplus as rivals keep pumping - Yahoo Finance

Yahoo FinanceOPEC points to larger 2017 oil surplus as rivals keep pumpingYahoo FinanceThe logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, March 21, 2016. REUTERS/Leonhard Foeger. More. By Alex Lawler. LONDON (Reuters) - OPEC raised its forecast of oil supplies ...and more »

Crude oil futures fall on weak Asian cues - Times of India

Crude oil futures fall on weak Asian cuesTimes of IndiaNew Delhi, Sep 12 () Crude oil futures fell by Rs 51 to Rs 3,029 per barrel today as speculators trimmed their position amid a weak trend in the Asian markets. Trading sentiment weakened, tracking a subdued trend in Asia where oil prices tumbled again ...and more »

Crude Oil Climbs as U.S. Equities Advance, Dollar Retreats - Bloomberg;

Crude Oil Climbs as U.S. Equities Advance, Dollar Retreats - Bloomberg

BloombergCrude Oil Climbs as U.S. Equities Advance, Dollar RetreatsBloombergOil advanced as U.S. stocks rebounded from the biggest rout since June and as the dollar retreated against its peers. Futures closed 0.9 percent higher in New York, after dropping as much as 2.5 percent earlier. Equities climbed as Federal Reserve ...and more »

U.S. Oil Holds Near $44 as Libya, Nigeria Seen Adding to Glut - Naija247news;

U.S. Oil Holds Near $44 as Libya, Nigeria Seen Adding to Glut - Naija247news

Naija247newsU.S. Oil Holds Near $44 as Libya, Nigeria Seen Adding to GlutNaija247newsU.S. crude held near $44 a barrel amid speculation the global supply glut will expand as OPEC members Libya and Nigeria prepare to boost exports within weeks. Futures rose as much as 1.1 percent in New York after losing 5.9 percent the previous two ...and more »

Oil prices fall after prediction of lower demand growth - KHOU.com;

Oil prices fall after prediction of lower demand growth - KHOU.com

KHOU.comOil prices fall after prediction of lower demand growthKHOU.comDemand for oil worldwide is still growing, but not as fast as previously predicted, the International Energy Agency says in a new report Tuesday. Oil prices slid Tuesday after a report predicted lower demand than expected -- even though a new glut is ...and more »

Gold, Crude Oil Prices Look to US Retail Sales to Shape Fed Bets - Inside Futures;

Gold, Crude Oil Prices Look to US Retail Sales to Shape Fed Bets - Inside Futures

Inside FuturesGold, Crude Oil Prices Look to US Retail Sales to Shape Fed BetsInside FuturesGold and crude oil prices are looking to US retail sales data to shape Fed rate hike speculation after a two-day lull in formative news flow. Talking Points: Crude oil prices fall on glut concerns despite EIA inventory draw; Gold prices pause above key ...and more »

National oil companies to retain investment dominance says IEA - ArabianBusiness.com;

National oil companies to retain investment dominance says IEA - ArabianBusiness.com

ArabianBusiness.comNational oil companies to retain investment dominance says IEAArabianBusiness.comNational oil companies (NOCs) will continue to dominate upstream oil and gas investments if oil prices remain at current low levels, creating a new dynamic in the market, the head of the International Energy Agency (IEA) said. NOCs, which include huge ...and more »

International oil prices tumble another 3% - Cosumnes Connection (subscription);

International oil prices tumble another 3% - Cosumnes Connection (subscription)

Cosumnes Connection (subscription)International oil prices tumble another 3%Cosumnes Connection (subscription)West Texas Intermediate for October delivery was 23 cents lower at $44.57 a barrel on the New York Mercantile Exchange at 1:32 p.m. London time. Brent crude futures settled down $US1.25, or 2.7 per cent, at $US45.85 per barrel. IEA says crude oil ...and more »

Oil rises on smaller-than-expected build in US crude stocks - Hindu Business Line;

Oil rises on smaller-than-expected build in US crude stocks - Hindu Business Line

Hindu Business LineOil rises on smaller-than-expected build in US crude stocksHindu Business LineOil prices rebounded in Asian trade on Wednesday after falling by as much as 3 per cent in the previous session, as data from an industry group showed a smaller-than-expected build in US crude stocks. The American Petroleum Institute (API) reported a ...and more »

Oil glut to persist far longer than expected, International Energy Agency says - ABC Online;

Oil glut to persist far longer than expected, International Energy Agency says - ABC Online

ABC OnlineOil glut to persist far longer than expected, International Energy Agency saysABC OnlineThe latest Oil Market Report found oil demand growth slumped to a two-year low. ABC News (file photo). Expectations that the global glut of oil production would start drying up later this year have been dashed with a sudden collapse in demand coming at ...and more »

Oil Prices Hit by Downward Revision to Global Oil Demand - New York Times

Oil Prices Hit by Downward Revision to Global Oil DemandNew York TimesLONDON — Oil prices took a pounding Tuesday after a leading industry group said global oil demand growth is slowing by more than previously thought, largely because of a more pronounced economic slowdown during the third quarter of the year.and more »

Oil down 3 percent again; product builds offset US crude draw - Reuters UK;

Oil down 3 percent again; product builds offset US crude draw - Reuters UK

Reuters UKOil down 3 percent again; product builds offset US crude drawReuters UKA natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen. By Barani Krishnan | NEW YORK. NEW YORK Oil prices fell about 3 percent for a second straight day on Wednesday, ...and more »

International oil prices rise - NEWS.com.au

International oil prices riseNEWS.com.auREUTERS - Oil prices have risen strongly, after tracking a rally in petrol futures sparked by a delayed restart of the main petrol line at Colonial Pipeline, the No. 1 carrier for the motor fuel in the United States. A run-up in Wall Street shares also ...and more »

Saudi Arabia ousts US as biggest oil producer, IEA says - AZERTAC News;

Saudi Arabia ousts US as biggest oil producer, IEA says - AZERTAC News

AZERTAC NewsSaudi Arabia ousts US as biggest oil producer, IEA saysAZERTAC NewsSaudi Arabia has retaken the position of the world's top oil producer from the U.S., according to the International Energy Agency. According to Bloomberg, "Saudi Arabia's elevated oil production has allowed it to overtake the U.S. and become the world ...and more »

Quick Draw. The Energy Report 09/15/16 - Inside Futures

Quick Draw. The Energy Report 09/15/16Inside FuturesOil prices saw a quick reaction after the Energy Information Agency (EIA) showed a draw in a surprise drop in crude oil but fell sharply as traders mulled an increase is U.S. crude oil production as well as a colonial pipeline inspired increase in ...and more »