U.S. crude falls after Greek votes no to bailout


© Reuters. A pump jack is seen at sunrise near Bakersfield TOKYO (Reuters) – Oil prices slumped in early Asian trade on Monday after Greeks rejected conditions of a rescue package from creditors on Sunday, throwing the future of the country’s euro zone membership into further doubt. fell 71 cents to $54.81 at 0828 Tokyo time. was down more than ...

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NYMEX crude drops sharply in Asia as investors react to Greece vote


© Reuters. NYMEX crude down sharply in Asia after Greek ‘No’ vote – Crude prices dropped sharply in Asia on Monday as investors saw a downbeat effect on demand from the ‘No’ vote by Greece at the weekend on proposed bailout terms by international creditors, setting the stage for possible volatile financial markets. Crude for August delivery dropped 1.22% ...

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Cruz presidential campaign says supporters donated $51 million


© Reuters. Cruz speaks with reporters after the weekly party caucus luncheons at the U.S. Capitol in Washington WASHINGTON (Reuters) – Republican Senator Ted Cruz and the outside groups supporting his presidential bid have raised more than $51 million in the three months since he launched his campaign for president, according to a statement from his campaign on Sunday. Cruz, ...

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Republican Christie criticizes high court’s gay marriage ruling


© Reuters. Chris Christie formally announces his campaign for the 2016 Republican presidential nomination during a kickoff rally at Livingston High School in Livingston WASHINGTON (Reuters) – U.S. Republican presidential candidate Chris Christie said on Sunday Supreme Court justices of his liking would not have legalized same-sex marriage and would have struck down a key provision of a national health ...

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U.S. and Iran: the unbearable awkwardness of defending your enemy


© Reuters. Iranian Foreign Minister Zarif waits to make a statement next to U.S. Secretary of State Kerry following nuclear talks in Lausanne By Louis Charbonneau VIENNA (Reuters) – It’s always awkward to defend your enemies. But that’s the position U.S. President Barack Obama’s administration has found itself in with Iran as it pushes for an historic accord that would ...

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Crude oil futures – weekly outlook: July 6 – 10


© Reuters. Crude prices fall in holiday thinned trade on Friday – Oil prices fell in thin trade on Friday as an increase in the U.S. rig count added to fears over a global supply glut. for August delivery settled at down 2.48% at $55.52 a barrel in electronic trading on the New York Mercantile Exchange. There was no ...

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