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OPEC’s market power is ‘less than you would imagine’ and the US doesn’t need to get fussed over the cartel, State Dept. official says

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Obituaries for OPEC have been prematurely written before, but the emergence of new producers outside of the oil cartel and...
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Stock market today: Indexes rise as prices for Nvidia, bitcoin and oil all climb

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NEW YORK (AP) — U.S. stocks are rising after market superstar Nvidia and another round of companies said they’re making...
Bussiness

The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen

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ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates opened its annual oil-and-gas summit on Monday with pledges...
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The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen

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ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates opened its annual oil-and-gas summit on Monday with pledges...
Bussiness

Morning Bid: Oil and yen drop on MidEast restraint, Japan indecision

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A look at the day ahead in U.S. and global markets from Mike Dolan A monster Halloween week of critical...
Bussiness

Saudi Arabian economic growth to accelerate in 2025 as oil taps open

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By Anant Chandak BENGALURU (Reuters) - Economic growth in Saudi Arabia will accelerate next year thanks to higher oil output...
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Canada inflation slips to 1.6% on lower gas prices

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OTTAWA (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, mainly on cheaper gasoline, but indicators of underlying price...
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California Gov. Gavin Newsom signs a law aimed at preventing gas prices from spiking

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SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom signed a law Monday aimed at preventing gas prices from spiking, marking the Democrat's latest move...
Bussiness

Stock market today: Wall Street drifts around its records

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NEW YORK (AP) — A mixed Monday on Wall Street has U.S. stocks drifting around their all-time highs.The S&P 500 was 0.3% higher in...
Bussiness

Canada posts sixth straight monthly trade deficit in August

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OTTAWA (Reuters) - Canada recorded a bigger than expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as...
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Charting the Global Economy: US Labor Market Powers Forward

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(Bloomberg) -- Surprisingly robust September job growth in the US undercut chances of another big reduction in interest rates from the Federal Reserve.Most Read...
Bussiness

Morning Bid: MidEast tension, port strike see edgy Q4 start

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A look at the day ahead in U.S. and global markets from Mike DolanWith Middle East tensions dialing back up, U.S. port workers on...
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