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	<title><![CDATA[brent crude oil Resources | BNET]]></title>
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	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to brent crude oil]]></description>
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		<title><![CDATA[Oil Falls Below $75 on Dubai Default Worries]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-368480.html]]></link>
		<description><![CDATA[By Chris BaldwinLONDON (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Oil prices sank to six-week lows below $75 a barrel on Friday as debt default fears in Dubai convulsed financial markets and the dollar rose as investors moved into safer assets.U.S. crude for January delivery was $74.23 a barrel by 1100 GMT (6 a.m. EST)...]]></description>
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		<pubDate>Fri, 27 Nov 2009 03:16:18 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/dubai.html"><![CDATA[Dubai]]></category>
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		<title><![CDATA[Sri Lanka move helps bullion towards $1,200]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/news-analysis/sri-lanka-move-helps-bullion/21939/]]></link>
		<description><![CDATA[Gold renewed its record- breaking run yesterday, surging towards the $1,200 a troy ounce level, with bullion likely to make further gains after Sri Lanka joined other central banks in buying gold from the International Monetary Fund, analysts said. The IMF said late yesterday that the Asian country had bought...]]></description>
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		<pubDate>Wed, 25 Nov 2009 18:56:18 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/imf.html"><![CDATA[IMF]]></category>
		<category domain="http://resources.bnet.com/topic/nymex.html"><![CDATA[Nymex]]></category>
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		<title><![CDATA[OECD Sees Fed, ECB Rates on Hold Into Late 2010]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-366480.html]]></link>
		<description><![CDATA[PARIS (<a href="http://resources.bnet.com/index.php?source=ReutersUK">Reuters UK</a>) - The world's key central banks will not need to start raising policy interest rates until late 2010 due to low inflation and economic slack, and can then proceed gradually, the OECD said in a report published on Thursday.The Organisation for Economic Co-operation and Development said it...]]></description>
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		<pubDate>Thu, 19 Nov 2009 05:30:25 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/oecd.html"><![CDATA[OECD]]></category>
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		<category domain="http://resources.bnet.com/topic/consolidation.html"><![CDATA[Consolidation]]></category>
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		<title><![CDATA[Oil Falls to Near $79 as Hurricane Weakens]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-363371.html]]></link>
		<description><![CDATA[By Chris BaldwinLONDON (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Oil prices fell slightly on Tuesday but held above $79 a barrel as the dollar weakened, gold stayed strong and a late-season hurricane subsided in the Gulf of Mexico.U.S. crude for December delivery fell 10 cents to $79.33 a barrel by 1204 GMT, after settling...]]></description>
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		<pubDate>Tue, 10 Nov 2009 06:45:37 -0800</pubDate>
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		<title><![CDATA[Oil Jumps 3 Percent on Ida, Equities]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-362913.html]]></link>
		<description><![CDATA[By Edward McAllisterNEW YORK (<a href="http://resources.bnet.com/index.php?source=ReutersUK">Reuters UK</a>) - Oil rose 3 percent towards $80 a barrel on Monday after Tropical Storm Ida forced the shut in of U.S. oil and gas production, helping to support prices.U.S. crude for December delivery rose $2.34 to $79.77 a barrel by 1:50 p.m. EST (6:50...]]></description>
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		<pubDate>Mon, 09 Nov 2009 11:30:59 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/recovery.html"><![CDATA[Recovery]]></category>
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		<title><![CDATA[Oil Jumps 3 Percent on Ida, Equities]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-362762.html]]></link>
		<description><![CDATA[By Edward McAllisterNEW YORK (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Oil rose 3 percent toward $80 a barrel on Monday after Tropical Storm Ida forced the shut in of U.S. oil and gas production, helping to support prices.U.S. crude for December delivery rose $2.34 to $79.77 a barrel by 1:50 p.m. EST. London Brent...]]></description>
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		<pubDate>Mon, 09 Nov 2009 11:30:26 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/recovery.html"><![CDATA[Recovery]]></category>
		<category domain="http://resources.bnet.com/topic/dollar.html"><![CDATA[Dollar]]></category>
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		<title><![CDATA[India purchase adds to bullion price surge]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/news-analysis/india-purchase-adds-bullion-price/19055/]]></link>
		<description><![CDATA[Gold extended its record- breaking run yesterday, pushing towards the $1,100- an-ounce level following Tuesday's news that India's central bank had bought 200 tonnes of bullion from the International Monetary Fund. Gold hit a record $1,095.40 a troy ounce, up 3.4 per cent since the news from India broke, and...]]></description>
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		<pubDate>Wed, 04 Nov 2009 19:13:16 -0800</pubDate>
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		<title><![CDATA[India purchase adds to bullion price surge]]></title>
		<link><![CDATA[http://www.bnet.com/2468-13071_23-361139.html]]></link>
		<description><![CDATA[ Gold extended its record- breaking run yesterday, pushing towards the $1,100- an-ounce level following Tuesday's news that India's central bank had bought 200 tonnes of bullion from the International Monetary Fund.Gold hit a record $1,095.40 a troy ounce, up 3.4 per cent since the news from India broke, and...]]></description>
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		<pubDate>Wed, 04 Nov 2009 18:00:00 -0800</pubDate>
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		<title><![CDATA[WTI is losing its glitter as a global oil price measure]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/news-analysis/wti-losing-glitter-global-oil/18833/]]></link>
		<description><![CDATA[Less surprising than the change in the benchmark for Saudi oil sales into the US, whereby Saudi Arabia has dropped the West Texas Intermediate contract, was that it took so long to happen. Neither Riyadh nor its US customers have been happy with using WTI crude as their yardstick, even...]]></description>
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		<pubDate>Tue, 03 Nov 2009 18:48:27 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/oil.html"><![CDATA[Oil]]></category>
	</item>
	<item>
		<title><![CDATA[Oil Slips Below $77 Ahead of U.S. Inventory Data]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-359920.html]]></link>
		<description><![CDATA[By Christopher JohnsonLONDON (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Oil fell more than $1 per barrel to below $77 on Tuesday as stock markets slipped in Europe and Asia and the dollar rose against a basket of currencies.European shares fell around 2 percent to a one-month low on Tuesday, with banks suffering after poor...]]></description>
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		<pubDate>Tue, 03 Nov 2009 07:01:41 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/banking.html"><![CDATA[Banking]]></category>
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	</item>
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		<title><![CDATA[Oil Rises Above $77, China Data Supports]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-359518.html]]></link>
		<description><![CDATA[By Barbara LewisLONDON (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Oil rose above $77 a barrel on Monday, recovering from the previous session's steep drop, after manufacturing data from China revived expectations economic recovery would generate extra fuel demand.Prices also drew some support from a Reuters survey showing OPEC output had declined slightly, but at...]]></description>
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		<pubDate>Mon, 02 Nov 2009 07:00:55 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<title><![CDATA[Price of crude oil resumes its upward path]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/news-analysis/price-crude-oil-resumes-upward/18233/]]></link>
		<description><![CDATA[Oil prices rebounded strongly yesterday, leading a strong rally for commodity markets as risk appetite strengthened on news that the US economy had escaped recession in the third quarter. Nymex December West Texas Intermediate rose $3 to a session high of $80.46 a barrel before easing back slightly to trade...]]></description>
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		<pubDate>Thu, 29 Oct 2009 20:20:18 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/metal.html"><![CDATA[metal]]></category>
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		<category domain="http://resources.bnet.com/topic/nymex.html"><![CDATA[Nymex]]></category>
	</item>
	<item>
		<title><![CDATA[Nymex blow as Saudis drop benchmark]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/news-analysis/nymex-blow-saudis-drop-benchmark/18030/]]></link>
		<description><![CDATA[Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil, dealing a serious blow to the New York Mercantile Exchange. The decision by the world's biggest oil exporter could encourage other producers to abandon the benchmark and threatens...]]></description>
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		<pubDate>Wed, 28 Oct 2009 20:02:27 -0700</pubDate>
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		<title><![CDATA[Opec signals rise in oil output as global price rallies]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/opec-signals-rise-oil-output/17575/]]></link>
		<description><![CDATA[Opec, the oil producers' cartel, has said that it may increase oil production this year if prices continue to rise. José Botelho de Vasconcelos, the Angolan Oil Minister who is the present president of Opec, said that oil prices of between $75 and $80 per barrel were at an optimum...]]></description>
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		<pubDate>Mon, 26 Oct 2009 15:35:37 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<title><![CDATA[Price of crude oil and bullion begins to ebb]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/news-analysis/price-crude-oil-bullion-begins/17185/]]></link>
		<description><![CDATA[Crude oil prices fell by more than $1 yesterday after reaching a fresh 2009 high in the previous session. Gold prices also softened as commodity markets paused for breath after recent strong gains. Nymex December West Texas Intermediate dropped $1.02 to $80.35 after hitting $82 in the previous session, a...]]></description>
		<s:doctype><![CDATA[News items]]></s:doctype>
		<pubDate>Thu, 22 Oct 2009 20:09:41 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/session.html"><![CDATA[session]]></category>
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	</item>
	<item>
		<title><![CDATA[Price of crude oil and bullion begins to ebb]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F227c1e22-bf6d-11de-a696-00144feab49a.html&siteid=23&tag=financialtimes]]></link>
		<description><![CDATA[ Crude  oil  prices fell by more than $1 yesterday after reaching a fresh 2009 high in the previous session. Gold prices also softened as commodity markets paused for breath after recent strong gains.Nymex December West Texas Intermediate dropped $1.02 to $80.35 after hitting $82 in the previous...]]></description>
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		<pubDate>Thu, 22 Oct 2009 19:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/crude+oil.html"><![CDATA[Crude Oil]]></category>
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		<title><![CDATA[Oil Price Rises to Highest Level in 2009]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F167496-oil-price-rises-to-highest-level-in-2009%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[It could be said that crude oil genuinely lubricates the wheels of the global economy; it being essential to many sectors from plastics to transportation and energy generation when processed. The price tends to rise with increasing demand and in times when the Dollar is weak; such as now. The...]]></description>
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		<pubDate>Tue, 20 Oct 2009 03:01:39 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/energy.html"><![CDATA[Energy]]></category>
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	</item>
	<item>
		<title><![CDATA[Oil Sets 2009 High Above $75]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/oil-sets-2009-75/15779/]]></link>
		<description><![CDATA[By Alex Lawler LONDON (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Oil surged for a fifth day on Wednesday to a 2009 high above $75 a barrel, boosted by a weak dollar and optimism about a global economic rebound that will lead to higher energy demand. The dollar, which fell to its lowest in more...]]></description>
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		<pubDate>Wed, 14 Oct 2009 10:49:13 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/thomson+reuters+corp..html"><![CDATA[Thomson Reuters Corp.]]></category>
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		<category domain="http://resources.bnet.com/topic/oil.html"><![CDATA[Oil]]></category>
	</item>
	<item>
		<title><![CDATA[Oil Jumps to $74 on Demand Outlook, Dollar]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/oil-jumps-74-demand-outlook/15529/]]></link>
		<description><![CDATA[By David Sheppard LONDON (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Oil rose for the fourth straight session on Tuesday, edging higher above $73 a barrel after OPEC raised its 2010 demand forecast and the dollar slumped. But prices were capped before a challenge of the year-high of $75 a barrel after economic bellwether Johnson...]]></description>
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		<pubDate>Tue, 13 Oct 2009 09:06:02 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/dollar.html"><![CDATA[dollar]]></category>
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	</item>
	<item>
		<title><![CDATA[Gold and crude oil continue to make headway]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/news-analysis/gold-crude-oil-continue-headway/15054/]]></link>
		<description><![CDATA[Gold prices extended their record run, trading yesterday above $1,060 a troy ounce, while oil and other commodities also surged on the back of US dollar weakness. Alcoa, the US-based aluminium producer, started the third-quarter earnings season with an unexpected profit, boosting metals prices as investors took the results as...]]></description>
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		<pubDate>Thu, 08 Oct 2009 19:56:27 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/dollar.html"><![CDATA[dollar]]></category>
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