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Oil rises 1% on signs of tightening global oil supply[NEW YORK] Oil prices rose about 1 per cent on Wednesday, boosted by signs of strong US demand for distillate products and tightening global crude supply, but gains were capped by a rising US dollar and ongoing concerns about a global economic slowdown. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Goldman Sachs plans cuts in commodities trading unit: WSJGoldman Sachs Group Inc plans to chop its commodities business after a months-long review showed the business was using too much capital for too ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »