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Brent Nears $110 With Mixed Stockpile Data
Thursday, May 29, 2014 - 7:19am | 354Read More...Brent crude oil approached $110 on Thursday morning after more data from the US painted a healthy picture of the number one oil consumer’s economy. The commodity traded at $109.89 at 6:30 GMT as investors kept an eye on tension brewing in both Ukraine and Libya amid the improving demand outlook...
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Brent Remains Above $109 On Conflict In Africa
Wednesday, February 26, 2014 - 8:33am | 311Read More...Brent crude oil held its ground above $109 after data showed that US stockpiles fell dramatically. The commodity traded at $109.32 at 4:42 GMT as weak US data kept any large gains in check. With winter demand nearing its end and the US and Europe thawing out after a difficult winter, refiners...
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China To Publish $739B New Energy Plan
Monday, August 9, 2010 - 12:29pm | 75Read More...According to ChinaDaily, China is planning to publish a plan for "newly developing energy industries" expected to cost $739 billion (5 trillion yuan), reported Monday. The National Energy Administration stated that the newly developing industries will include nuclear, wind, solar and biomass energy...
