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Showing posts with the label TRADELINE LIVE COMMODITY CRUDE OIL NEWS UPDATE !!!!www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8057690837

TRADELINE LIVE COMMODITY CRUDE OIL NEWS UPDATE !!!!www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8057690837

UPDATE 3-Oil prices rebound but still weak due to oversupply Global oversupply, economic worries weigh on sentiment * U.S. crude inventories rise by 6.9 mln bbls last week - API * Eyes on official U.S. oil market data (Updates throughout, changes dateline, previous SEOUL) By Christopher Johnson LONDON, Dec 28 - Oil prices rebounded on Friday, clawing back some of the ground lost this week, but remained close to their lowest levels in more than a year as rising U.S. inventories and concern over global economic growth kept markets under pressure.Brent crude oil  was up $1.20, or 2.3 percent, at $53.36 a barrel by 0830 GMT, having earlier risen more than 3 percent. It had dropped 4.2 percent on Thursday. U.S. light crude was up $1.20, or 2.7 percent, at $45.81, after rising 3.6 percent in early trade.Oil prices fell to their lowest in almost 18 months this week and are down more than 20 percent for the year, depressed by ample supplies that have filled fuel tanks worldwide."F

TRADELINE LIVE COMMODITY CRUDE OIL NEWS UPDATE !!!!www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8057690837

UPDATE 3-Oil prices rebound but still weak due to oversupply Global oversupply, economic worries weigh on sentiment * U.S. crude inventories rise by 6.9 mln bbls last week - API * Eyes on official U.S. oil market data (Updates throughout, changes dateline, previous SEOUL) By Christopher Johnson LONDON, Dec 28 - Oil prices rebounded on Friday, clawing back some of the ground lost this week, but remained close to their lowest levels in more than a year as rising U.S. inventories and concern over global economic growth kept markets under pressure.Brent crude oil  was up $1.20, or 2.3 percent, at $53.36 a barrel by 0830 GMT, having earlier risen more than 3 percent. It had dropped 4.2 percent on Thursday. U.S. light crude was up $1.20, or 2.7 percent, at $45.81, after rising 3.6 percent in early trade.Oil prices fell to their lowest in almost 18 months this week and are down more than 20 percent for the year, depressed by ample supplies that have filled fuel tanks worldwide."F