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Oil falls below $59 on record-high U.S. crude stocks

(Reuters) - Brent crude oil prices fell below $59 a barrel on Thursday after U.S. government data showed crude stocks hit a record high last week. U.S. commercial crude oil inventories rose by 7.7 million to a record 425.64 million barrels in the week ended Feb. 13, said the...

G7 ready to act against Ukraine cease-fire violators

G7 leaders have expressed their readiness to act against violators of the Ukraine cease-fire agreement, according to a joint statement Friday. "We, the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, the President of the European Council...

AP: 20,000 foreign fighters flock to Syria, Iraq

WASHINGTON (AP) — Foreign fighters are streaming into Syria and Iraq in unprecedented numbers to join the Islamic State or other extremist groups, including at least 3,400 from Western nations among 20,000 from around the world, U.S. intelligence officials say in an updated estimate...

Oil steadies after weak Chinese trade data

 Oil prices steadied on Monday as falling U.S. oil rig counts and conflict in producer Libya were balanced by a slump in Chinese imports, pointing to lower fuel demand in the world biggest energy consumer. "Weak China trade data are likely to weigh on industrial commodity...