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Tuesday, June 25, 2019

Oil prices jump as U.S. crude stocks fall, Middle East worries add support

Oil prices rose more than 1% on Wednesday to their highest in nearly a month as industry data showed U.S. crude stockpiles fell more than expected, underpinning a market already buoyed by worries over a potential U.S.-Iran conflict.


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

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VW launches $5.8bn tie-up with Tesla rival Rivian

The firms will share EV technology as they face slowing demand and competition from Chinese rivals. from BBC News https://ift.tt/TDOGIkf