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UPDATE 4-Oil prices slip on dollar rally, ample supply

LONDON, May 19- Brent crude oil fell below $66 a barrel on Tuesday as the dollar strengthened and on evidence of ample supplies of Middle Eastern oil despite wars in northern Iraq, Syria and Yemen. "The oil market is generally oversupplied with high Saudi exports and OPEC is unlikely to cut production," said Tamas Varga, oil analyst at London brokerage PVM Oil...
Source: Reuters | By: Christopher Johnson
UPDATE 5-Oil prices fall back after jolt from Gulf tanker incident

*North Dakota posts surprise oil output jump. LONDON, May 14- Oil slipped back below $67 a barrel on Thursday as a market torn between a U.S. stock draw and an overall glut of crude in the Atlantic Basin struggled for direction. June Brent crude was trading 10 cents lower at $66.71 a barrel as of 1434 GMT, after trading as high as $67.29.
Source: Reuters | By: Libby George
UPDATE 4-Oil trades above $67 as stock draws counter economic worries

*North Dakota posts surprise oil output jump. LONDON, May 14- Oil prices steadied above $67 a barrel in choppy trading on Thursday as the market shook off concerns surrounding the overall glut of crude in the Atlantic Basin. June Brent crude was trading 39 cents higher at $67.20 a barrel as of 1139 GMT, after trading as low as $66.32.
Source: Reuters | By: Libby George
UPDATE 4-Oil heads towards 2015 highs despite ample supply

*OPEC will not cut output alone- Gulf delegate. LONDON, May 7- Brent crude oil headed up towards 2015 highs above $68 a barrel on Thursday after official data showed the first drawdown in U.S. crude inventories since January, evidence the market there is balancing after months of heavy oversupply. Brent crude was up 50 cents a barrel at $68.27 by 0845 GMT.
Source: Reuters | By: Christopher Johnson
Oil's bull run hides a deep disconnect, crude traders warn

*Azeri, African, North Sea oil languishes unsold. Tens of millions of barrels are struggling to find buyers in Europe with traders of West African, Azeri and North Sea crude blaming poor demand. Benchmark Brent oil futures prices more than halved between June 2014 and January 2015 after OPEC refused to cut output and instead chose to undercut more expensive...
Source: Reuters | By: Dmitry Zhdannikov, Ron Bousso and Libby George
US crude settles at $59.63/barrel, up 1.79%

WTI closed up 1.79 percent, helped by a weaker dollar and bets that a supply glut would ease.
Source: Reuters
UPDATE 7-Oil has best monthly gain in 6 years but rally may hit "speed bumps"

*Brent to average $60, WTI $54.40 in 2015- Reuters poll. *OPEC production hits 2- yr highs in April- Reuters survey. In Thursday's session, Brent was up 60 cents at $66.44 a barrel by 11:12 a.m. EDT.
Source: Reuters | By: Barani Krishnan
UPDATE 3-U.S. oil hits 5-month high as dollar weakens

LONDON, April 30- U.S. crude oil hit a five-month high on Thursday as the dollar slipped to its lowest since February and as more evidence emerged of a gradual balancing of the U.S. domestic market. Brent crude oil was up 25 cents at $66.09 a barrel by 0830 GMT. U.S. crude oil, also known as West Texas Intermediate or WTI, hit a high of $59.40 a barrel, its highest since Dec. 12,...
Source: Reuters | By: Christopher Johnson