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    1. Oil Price Rebound: Essential for a Rate Hike?

      Market Realist via Yahoo! FinanceMay 22 12:08 PM

      Consumers have not shown any affinity toward increased spending—except on eating out and online shopping—even after fuel prices dropped. If crude oil prices rise quickly, it would further discourage consumers ...

    2. Drilling Efficiency To Keep Oil Prices Low

      Oilprice.com via Yahoo! FinanceMay 21 02:25 PM

      The low oil price environment could continue for some time and while producers are focusing on efficiency, investors may also need to manage their expectations

    3. The drastic fall in oil prices is widely thought to have hit the Gulf's main producers, but this CEO says the opposite is true.

    4. The drastic fall in oil prices is widely thought to have hit the Gulf's main producers, but this CEO says the opposite is true.

    5. Crude Oil Prices Surge on Declining Inventory

      Market Realist via Yahoo! FinanceMay 21 04:40 AM

      WTI crude oil futures contracts for July delivery increased by 1.71% and closed at $58.98 per barrel on Wednesday, May 20, 2015.

    6. What's Next for Oil Prices? Look Out Below!

      The Fiscal Times via Yahoo! NewsMay 21 02:45 AM

      The recent rebound in the price of crude oil — up some 40 percent from the March low — dragged energy stocks higher through the beginning of the month. This, in turn, has powered a rebound in inflation expectations in the fixed-income market, punishing long-term Treasury bond prices and pushing up yields.

    7. KUALA LUMPUR, May 22 (Bernama) -- The global oil price is expected to stay within the range of US$55 per barrel for many quarters ahead after averaging at US$54 per barrel in the first quarter, Petronas president and group chief executive officer Datuk Wan Zulkiflee Wan Ariffin said.

    8. Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs.

    9. The weekly rig count has fallen every week since Dec. 12, though the pace of declines has fallen in recent weeks.

    10. PETALING JAYA - The recent oil price rally doesn't seem to have legs as prices came under pressure on stronger dollar and growing stockpile. Oil prices have been hovering around the US$65 (S$87) level since beginning of the month but a 3 per cent slip on Tuesday caused jitters among investors. The worry is not baseless. There is no indication that the 12-member Organisation of the Petroleum ...

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