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Financeroll – Oil was steady at around $113.80 a barrel on Thursday as geopolitical tensions kept a floor under prices, following a European Union agreement to stop importing Iranian crude, but a stronger dollar capped gains. Brent crude futures were up 4 cents to $113.74 at 1212 GMT, giving up earlier gains as the dollar [...]

Financeroll – Oil edged lower to around $113.40 a barrel on Thursday as a stronger dollar offset fears of supply disruptions to Iranian crude should a European Union agreement to cut off oil imports from the No. 2 OPEC producer come into force. Brent crude futures were off 37 cents to $113.33 at 1018 GMT, [...]

Financeroll – Brent crude rose toward $114 a barrel on Thursday as fears of an Iranian supply disruption mounted after the European Union agreed to cut off oil imports from the No. 2 OPEC producer, offsetting jitters over the euro zone crisis. Escalating tensions between Iran and the West over its nuclear program supported oil [...]

Financeroll – Oil traded near the highest in almost eight months as speculation that sanctions against Iran will curb crude supplies countered concern that Europe’s debt crisis will worsen and slow demand. Futures swung between gains and losses after a two-day, 4.4 percent increase. French Foreign Minister Alain Juppe said yesterday he hopes Europe will [...]

Financeroll – Oil climbed to the highest level in more than seven months as manufacturing in the U.S. and Asia expanded in December and concern persisted that further sanctions against Iran may disrupt shipments. Futures gained 4.2 percent after the Institute for Supply Management’s U.S. factory index rose more than expected, adding to increases in [...]

Financeroll – Oil dropped below $107 a barrel on Thursday as a stronger dollar and a rise in U.S. jobless claims countered Iranian threats to shut a vital oil trade route. The euro fell to its lowest since September 2010 versus the dollar on Thursday as yields at an auction of Italian debt remained at [...]

Financeroll – Oil held above $107 a barrel on Thursday as investors looked ahead to a U.S. supply report expected to show a drop in crude stocks and as Iranian threats to halt a vital oil trade lent support. A report from the U.S. government's Energy Information Administration at 1600 GMT is expected to show [...]

Financeroll – Crude oil futures held steady in thin trade on Thursday, fluctuating between small gains and losses as markets awaited the outcome of a closely-watched auction of long-term Italian debt. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD99.55 a barrel during European morning trade, adding [...]

Financeroll – Oil traded near the lowest level in a week in New York after a report showed U.S. crude stockpiles surged last week, indicating fuel demand may be weakening as Europe’s debt crisis threatens to slow the global economy. Futures were little changed after sliding 2 percent yesterday, the first decline in seven days, [...]

Financeroll – Crude oil futures were down for the first time in seven sessions on Wednesday, easing off a three-week high after a successful Italian bond auction failed to ease concerns over the debt crisis in the euro zone and as fears over a disruption to Iranian oil supplies receded.   On the New York [...]