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Oil prices mixed ahead of long Easter weekend

Oil prices finished in mixed fashion Thursday ahead of the long Easter weekend as Russia and the West sought to defuse the escalating Ukraine crisis. The main US contract, West Texas Intermediate (WTI) for delivery in May, rose 54 cents to close at $104.30 a barrel on the New York Mercantile Exchange(NYMEX). Brent North Sea crude for June dipped seven cents to $109.53 a barrel on the Intercontinental Exchange (ICE) in London. The New York futures contract found support from positive US economic news, said Carl Larry of Outlooks Oil and Opinion.

Amid frigid winter, Goldman, Morgan Stanley see commodity gains

By David Sheppard and Lauren Tara LaCapra LONDON/NEW YORK (Reuters) - Goldman Sachs <GS.N> and Morgan Stanley <MS.N> both cited stronger commodities trading as a bright spot in the first quarter, aided in part by extraordinary volatility caused by the coldest U.S. winter in three decades.

Oil falls ahead of meeting to defuse Ukraine crisis, latest U.S. supply report

The price of oil fell Tuesday ahead of talks aimed at defusing tensions over Ukraine and the latest report on U.S. oil supplies. Benchmark West Texas Intermediate crude for May delivery slid 30 cents to close at US$103.75 on the New York Mercantile Exchange. On Monday, the Nymex contract rose 31 cents. Brent crude, a benchmark used for international varieties of oil, dropped 33 cents to US$108.74 on the ICE Futures exchange in London after hitting a six-week high.

Oil prices advance on Ukraine, weak dollar

Global oil prices rallied on Wednesday on Ukraine tensions and the weak dollar, and before weekly crude inventories data in top consumer the United States. New York's main contract, West Texas Intermediate (WTI) for May delivery, hit $104.82 a barrel -- the highest level since early March. Brent North Sea crude for June rallied to a similar one month peak at $110.20 a barrel.

Oil prices fall on looming restart of Libyan exports

Crude oil prices fell modestly Tuesday under pressure from signs Libya is about to resume oil exports, while Russia-Ukraine tensions acted to curb selling. New York's main contract, West Texas Intermediate for May delivery, fell 30 cents to close at $103.75 a barrel. Brent North Sea crude for May closed on the contract's final day of trade in London at $108.74 a barrel, down 33 cents from Monday. Traders focused on Libya, where a government deal with rebels last week was close to allowing crude oil exports from two terminals for the first time in eight months.

Oil prices gain on Russia-Ukraine tensions

Oil prices advanced on Monday as concerns about the impact of escalating Russia-Ukraine tensions on supplies offset an expected resumption to Libyan crude exports, analysts said. US benchmark West Texas Intermediate (WTI) for delivery in May rose 17 cents to $103.91 a barrel compared with Friday's close. Brent North Sea crude for May won 80 cents to stand at $108.38 a barrel in late London deals.

Oil prices steady amid Russia-Ukraine tensions

Oil prices steadied on Monday as escalating Russia-Ukraine tensions that could affect energy supplies heading West offset an expected resumption to Libyan crude exports, analysts said. US benchmark West Texas Intermediate (WTI) for delivery in May fell 19 cents to $103.55 a barrel compared with Friday's close. Brent North Sea crude for May edged up five cents to stand at $107.38 a barrel around midday in London.

Oil prices up as Russia-Ukraine tensions escalate

Oil prices edged higher in Asian trade Monday on escalating Russia-Ukraine tensions that had Moscow and the West locking horns at emergency UN talks, analysts said. US benchmark West Texas Intermediate (WTI) for May delivery gained 50 cents to $104.24 per barrel in afternoon trade while Brent North Sea crude for May rose 58 cents to $107.91.

Oil prices up as Russia-Ukraine tensions escalate

Oil prices edged higher in Asian trade Monday on escalating Russia-Ukraine tensions that had Moscow and the West locking horns at emergency UN talks, analysts said. US benchmark West Texas Intermediate (WTI) for May delivery gained 51 cents to $104.25 per barrel in mid-morning Asian trade while Brent North Sea crude for May rose 52 cents to $107.85.

Crude oil dips on Libyan prospects, weak China data

Oil prices dipped Thursday, weighed down by signs some Libyan crude exports will resume soon and weak trade data in China, the world's second-biggest oil consumer. US benchmark West Texas Intermediate for May delivery declined 20 cents to finish at $103.40 a barrel on the New York Mercantile Exchange. Brent North Sea crude for May dropped 52 cents to stand at $107.46 a barrel in London.
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