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	<title>Oil Prices and Oil News @ Oil Marketer</title>
	<link>http://www.oilmarketer.co.uk</link>
	<description>Daily Oil Market News and Prices</description>
	<lastBuildDate>Wed, 10 Mar 2010 18:42:29 +0000</lastBuildDate>
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		<title>EIA: US crude stockpiles up less than expected</title>
		<description><![CDATA[Crude oil prices varied during the session Wednesday after the US Energy Information Administration said that oil inventories were up 1.4 million barrels last week to 343 million barrels, not as much as the 2.1 million barrel gain which had been expected.
Prices rose and fell and by afternoon trade in New York April contracts for [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/03/10/eia-us-crude-stockpiles-up-less-than-expected/</link>
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		<title>Oil jobs at risk in Chevron sale</title>
		<description><![CDATA[Chevron, which is the second biggest US oil company, announced today it is looking for a buyer for its refinery in Pembrokeshire.
The oil giant, which owns the Texaco filling stations brand, is allowing up to two years for the sale but has told Sky News today that it could not rule out shutting the plant [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/03/09/oil-jobs-at-risk-in-chevron-sale/</link>
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		<title>Oil prices hit $82.41 extending last week’s gains</title>
		<description><![CDATA[Positive economic data has resulted in a rise in US crude oil today to $82.41 extending last week’s gains.
Oil has risen by 18% since early February since investors have become more optimistic that an improvement in the global economy would increase demand for oil.
Meanwhile, Brent North Sea crude for April rose 73 cents to $80.62 [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/03/08/oil-prices-hit-8241-extending-last-week%e2%80%99s-gains/</link>
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		<title>Crude prices gain despite higher US inventories</title>
		<description><![CDATA[The US Energy Information Administration reported Wednesday in its weekly inventories report that crude oil in US storage added 4.1 million barrels last week to 341.6 million barrels, above the expected build of 1.1 million barrels but 3.7 percent below stockpiles last year at this time.
Additionally, the EIA said that gasoline inventories were up by [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/03/03/crude-prices-gain-despite-higher-us-inventories/</link>
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		<title>Crude prices gain on better sentiment</title>
		<description><![CDATA[Crude oil prices were higher Tuesday as investors were more optimistic that a plan to help the Greek economy will be forthcoming soon.
Additionally, there were hopes that demand will improve, while the US dollar weakened to make oil less expensive for buyers making purchases with other currencies.
The Energy Information Administration’s weekly US inventories report is [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/03/02/crude-prices-gain-on-better-sentiment/</link>
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		<title>Crude oil prices rise despite gains in US inventories</title>
		<description><![CDATA[Crude oil prices were higher Thursday even after the US Energy Information Administration reported that crude inventories added 3.1 million barrels last week, up more than the expected gain of 1.65 million barrels.
At around 1 p.m. in New York, March contracts for West Texas Intermediate crude were up 83 cents to $78.16 per barrel on [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/02/18/crude-oil-prices-rise-despite-gains-in-us-inventories/</link>
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		<title>Crude prices up but US retail gasoline still falling</title>
		<description><![CDATA[Crude oil prices were higher Tuesday after a new report showing that manufacturing activity is on the rise in the New York region and on a weaker US dollar that made purchases in other currencies cheaper for buyers.
In midday trade in New York, March contracts for West Texas Intermediate crude had added $2.82 to $76.95 [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/02/16/crude-prices-up-but-us-retail-gasoline-still-falling/</link>
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		<title>Crude oil prices down on inventories, new China bank rules</title>
		<description><![CDATA[Crude oil prices fell in New York after the US Energy Information Administration said that stockpiles of both crude oil and gasoline jumped more than expected last week, and on another increase in how much cash the Chinese government will require banks to keep in reserve as a way to curb lending there.
In a report [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/02/12/crude-oil-prices-down-on-inventories-new-china-bank-rules/</link>
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		<title>Crude oil gains in New York after early declines</title>
		<description><![CDATA[The price of crude oil was up slightly in New York in afternoon trade on Wednesday as March contracts for West Texas Intermediate crude added 67 cents to $74.42 per barrel on the New York Mercantile Exchange less than half an hour before the close of floor trade.
Earlier, in late morning trade, March contracts were [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/02/10/crude-oil-gains-in-new-york-after-early-declines/</link>
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		<title>Bad weather in US raises oil prices</title>
		<description><![CDATA[Crude oil prices were higher Monday as much of the East Coast of the United States tried to recover from a storm that brought several feet of new snow to some areas and ahead of another storm which is expected to bring even more snow and cold weather.
The National Weather service has forecast below normal [...]]]></description>
		<link>http://www.oilmarketer.co.uk/2010/02/08/bad-weather-in-us-raises-oil-prices/</link>
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