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Crude Oil

Oil settles lower after large U.S. inventory build

Crude oil prices pared early losses but still settled lower on Thursday after a government report showed the biggest build in U.S. crude inventory in at least 14 years.

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Gas station

Oil dives anew, falling 5 percent on Goldman downgrade, outages

Oil fell 5 percent to its lowest in nearly six years on Monday, extending the second-deepest rout on record, after Goldman Sachs warned that prices would fall further and Gulf oil producers showed no sign of cutting output.

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NYSE

European stocks set for biggest weekly gain of 2014

World markets are ending their last full week of 2014 on a high, as Wall Street made its biggest two-day advance since late 2011 and European shares headed for their strongest week of the year.

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