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Oil States International latest news:
Oil prices dip on high OPEC supplies
Oil markets dipped on Friday, with U.S. crude remaining below $50 per barrel, restrained by rising output from the United States as well as producer club OPEC.
Oil prices firm on strong China demand, signs of U.S. output slowdown
SINGAPORE (Reuters) - Oil prices strengthened on Monday, supported by a slowdown in the growth of rigs looking for crude in the United States and because of strong refinery demand from China.
Oil up almost 2 percent on weaker dollar, short-covering
NEW YORK (Reuters) - Oil prices rose nearly 2 percent and hit a one-week high on Tuesday, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week.
Oil prices up 2 percent on weaker dollar, short covering
NEW YORK (Reuters) - Oil prices rose about 2 percent on Tuesday and hit a one-week high, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for the third consecutive week.
Oil closes higher; growing U.S. supply limits gains
NEW YORK (Reuters) - Oil prices settled more than half a percent higher on Monday as some traders found bargains after last week's seven-month lows, but rising crude supply in the United States and other countries limited gains.
Oil edges higher; growing U.S. supply limits gains
NEW YORK (Reuters) - Oil prices crept higher on Monday in quiet trade that featured bargain hunting after prices slid last week and hit seven-month lows, but gains were limited by rising crude supply in the United States and other countries.
Oil slides, hits six-month low on rising global production
NEW YORK (Reuters) - Oil prices settled more than half a percent lower on Thursday after hitting a six-month lows, as high global inventories fed fears that rising crude production in Nigeria, Libya and the United States will feed the global supply glut despite output cuts from OPEC and other producing countries .
French oil services firm CGG files for bankruptcy
PARIS, June 14 (Reuters) - French oil services firm CGG said
on Wednesday it had filed for bankruptcy in France and the
United States as part of financial restructuring to reduce its
Protester who disrupted oil pipeline convicted of burglary in Washington state
A climate-change activist who disrupted the flow of millions of barrels of crude oil into the United States to protest global warming was found guilty of burglary in Washington state on Wednesday. Ward, 60, was ordered to return to court on June 23 for sentencing on the burglary count, which carries a maximum punishment of 10 years in prison and $20,000 in fines.
Oil slips on worries Mideast rift could undermine OPEC cuts
LONDON (Reuters) - Oil prices slipped further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several Arab states including Saudi Arabia could undermine efforts by OPEC to tighten the market.
Oil prices slide over worries Middle East rift will undermine output cuts
SINGAPORE (Reuters) - Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several Arab states would undermine an OPEC-led push to tighten the market.
Oil resumes slide on worries Middle East rift could sap drive to cut output
SINGAPORE (Reuters) - Oil prices on Tuesday resumed their slide from the previous session, hit by concerns that a political rift between Qatar and several Arab states would undermine an OPEC-led push to tighten the market.
Asian stocks stumble, oil creeps up as markets ponder fallout of Mideast tension
SINGAPORE (Reuters) - Asian stocks retreated on Tuesday after Wall Street's stumble overnight, while oil inched up from the previous day losses as lower Libyan oil production assuaged concerns that the severing of ties with Qatar by other Arab states could impede a deal to cut crude output.
Oil subdued on worries Middle East rift will sap efforts to cut output
SINGAPORE (Reuters) - Oil recovered some losses from the previous session on Tuesday, but Brent crude remained below $50 over concerns that a political rift between Qatar and several Arab states would undermine efforts by OPEC to tighten the market.
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