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Brent slips towards $111


SINGAPORE, Oct 14 (Reuters) – Brent futures edged lower towards $111 per barrel on Monday after an unexpected decline in China’s exports, with a looming deadline to get an increase in the U.S. debt ceiling adding to worries about the outlook for oil demand. Weekend talks to avert a U.S. debt default showed signs of progress on Sunday, but there ...

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Across The Pond: Country makes strides to increase local use of natural gas


By Nerijus Adomaitis OSLO | Tue Oct 8, 2013 8:10am EDT OSLO Oct 8 (Reuters) – Norway’s incoming right-wing government has pledged to end a state monopoly on building power export cables and to increase local use of Norway’s natural gas. The Conservatives, led by prime minister-designate Erna Solberg, and their smaller ally, the populist Progress party, clinched a coalition deal on Monday and are ...

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