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By Reuters : Saudi Arabia will cut crude oil shipments to its customers in August by more than 600,000 barrels per day to balance the rise in domestic consumption during the summer, while staying within its OPEC production commitment, a Saudi industry source said.
By Reuters : Asian shares gained on Wednesday after Wall Street managed to weather a fresh twist in the controversy over U.S. President Donald Trump's alleged connection with Russia, while investors looked ahead to Federal Reserve Chair Janet Yellen's comments.
By Reuters : U.S. stock indexes were little changed on Tuesday as investors waited for more hints on interest rate hikes from Federal Reserve policymakers and the start of second-quarter earnings.
By Reuters : Oil prices fell on Tuesday as global oversupply encouraged several banks cut their price forecasts.
By Reuters : Asian shares extended gains on Tuesday and the dollar notched a four-month high against the yen, as investors awaited testimony from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten U.S. monetary policy.
By Reuters : Oil fell on Monday, adding to heavy losses at the end of last week due to rising drilling activity in the United States and no let-up in supply growth from both OPEC and non-OPEC exporters.
By Reuters : Asian stocks rose on Monday thanks to a robust Wall Street performance at the end of last week, while the U.S. dollar extended gains made after much stronger than expected June employment data.
By Reuetrs : A significant pickup in inflation still remains tantalizingly out of reach in most developed economies -- aside from asset prices -- yet several central banks are leaning toward launching or stepping up efforts that could slow it down.
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