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Oil steady in volatile trade amid uncertainty on supply cuts, U.S.-China tariffs

Reuters Monday, 10 June 2019
Oil prices were steady in volatile trading on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude.
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News video: Wall Street rises sharply on rate cut hopes

Wall Street rises sharply on rate cut hopes 01:01

Wall Street's major indexes shot higher Friday, as sharply slowing U.S. job growth boosted hopes for interest rate cuts while optimism about potential progress in U.S. trade fights with China and Mexico added to risk appetites. Fred Katayama reports.

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