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Oil Advances as U.S. Crude Stockpiles Seen Falling, Easing Glut
©2015 Bloomberg News O054ID6JIJUU (Bloomberg) — Crude climbed as traders counted on another week of declines in U.S. crude inventories to help ease the glut that’s pushed prices below $40 a barrel. Futures rose 2.9 percent in New York, paring Monday’s 3.4 percent slide. U.S. crude stockpiles probably fell a
Canadian Lumber Producers Tumble Amid Slow U.S. Housing Recovery
published Apr 21st 2016, 3:55 pm, by Jen Skerritt (Bloomberg) — West Fraser Timber Co. and Canfor Corp., Canada’s largest lumber producers, are suffering from tepid demand in the U.S. where the recovery in the housing market is stuttering. U.S. housing starts fell a more-than-expected 8.8 percent last month, the
