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Saturday, December 1, 2018

Oil drops; losses limited by hopes of OPEC, Russia output cut

Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar but losses were limited by expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree some form of production cut next week.


from Reuters: Business News https://ift.tt/2zuioJW

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UK interest rates held at 3.75% but Bank says future cuts likely

The Bank of England has kept borrowing costs unchanged but opened the door to cuts later this year. from BBC News https://ift.tt/4zrAhFN