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Oil Trades Below $33 as U.S. Explorers Idle More Rigs Amid Glut
©2016 Bloomberg News O3A7XP6TTDS0 (Bloomberg) — Oil traded below $33 a barrel as U.S. drillers cut the number of active rigs to the lowest level in more than six years amid a global glut. Futures slipped as much as 0.8 percent in New York after posting the biggest weekly gain
U.S. Stocks Slip With Dollar as Commodities Rally: Markets Wrap
published Jan 12th 2017, 3:06 pm, by Jeremy Herron (Bloomberg) —Treasuries climbed, while the dollar slumped with U.S. stocks on speculation post-election market moves went too far, with investors awaiting corporate earnings and fresh economic data for clues on the economy’s strength. Selling in the dollar and equities eased in
