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Brent Climbs As Markets Wait for Falling US Inventories' Confirmation
Tuesday, July 16, 2013 - 7:38am | 284Brent crude oil traded steadily on Tuesday morning as expectations of a drop in US crude inventories kept markets positive as investors hoped for increasing demand growth in the number one oil consuming nation. The commodity traded at $108.80 at 5:53 GMT on Tuesday morning. If the inventory...
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Chinese GDP A Relief For Brent Prices
Monday, July 15, 2013 - 6:42am | 359Brent crude oil started off the week on a high after investors let out a collective sigh of relief when data showed the Chinese economy grew in line with expectations. The commodity traded at $108.87 at 5:26 GMT on Monday morning. After months of lackluster data, China bounced back with GDP growth...
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Brent Settles Lower As Supply Worries Ease
Friday, July 12, 2013 - 7:18am | 282Brent crude oil settled a bit lower on Friday morning as investors took profits after the commodity jumped on falling US reserves. Brent traded at $1077.69 on Friday morning, poised to end the week on a high despite falling slightly. Crude prices soared this week after US Federal Reserve Chairman...
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Chinese Slowdown Weighs on Brent
Wednesday, July 10, 2013 - 7:19am | 263Brent crude oil continued to tumble on Wednesday morning as investors turned their attention to China, the world's second largest oil consumer, where a recovery was looking less and less likely. Worries about China weighed on Brent prices and the commodity traded at $107.72 at 5:00 GMT on Wednesday...
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Brent Climbs on Egyptian Uncertainty
Monday, July 8, 2013 - 7:15am | 296Brent crude oil continued its upward climb on Monday morning after geopolitical tension boosted prices and better than expected economic data from the US. The commodity traded at $107.89 at 5:51 GMT on Monday morning. CNBC reported that a highly anticipated US jobs data report showed on Friday...
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George Washington University's P.J. Crowley 'Doubtful That Morsi Survives'
Wednesday, July 3, 2013 - 10:48am | 242P.J. Crowley, former United States Assistant Secretary of State for Public Affairs and George Washington University professor, appeared on CNBC's Squawk Box on Wednesday morning where he discussed Egypt's current political turmoil. "I think it's very doubtful that [Mohamed] Morsi survives. I...
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Morsi's Lack Of Support Amid Egyptian Protests With President Of Eurasia Group Ian Bremmer
Monday, July 1, 2013 - 9:35am | 308Ian Bremmer, political scientist and founder/president of Eurasia Group, went over Egyptian instability on CNBC's Squawk Box Monday morning, covering some of the reasons behind the mass protesting that's pushing for President Mohamed Morsi to resign from office. He said that the Egyptian military...
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Legal Disputes Could Plague Egypt ETF
Monday, November 5, 2012 - 12:15pm | 547For a good portion of 2012, the Market Vectors Egypt ETF (NYSE: EGPT) has been one of the best-performing country-specific ETFs on the market. Showing an uncanny ability to shake of regional political tensions and violence, EGPT has soared almost 54 percent year-to-date. EGPT bottomed at just...