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Global crude inventories are declining and supply and demand are in balance, according to the head of Saudi Aramco, while the United Arab Emirates energy minister said U.S. shale oil doesn't threaten OPEC's efforts to support the market. Demand for crude is continuing to rise and oil inventories are
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The benchmark index rose 0.8 percent in Cairo on Sunday even after more than 300 people were killed in a militant attack in northern Sinai on Friday. âNo one is in shock as investors have, unfortunately, become immune to such events,â said Ashraf Akhnoukh, the director of Middle East and North Africa
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After years of doing too little, OPEC could suddenly be doing too much. The Organization of the Petroleum Exporting Countries' 14 members and other major producers like Russia are widely expected to strike an agreement this week to continue withholding
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CHERRY HILL, NJ – A man being dubbed the âLayaway Angelâ has paid off more than $10,000 worth of customers' layaway purchases at a Toys R Us in New Jersey.
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