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Jan 03

Watch 6:26
News Wrap: McConnell, Schumer remain divided over impeachment trial

In our news wrap Friday, the Senate returned from break still divided on procedures for an impeachment trial of President Trump. Senate Majority Leader Mitch McConnell again refused to commit to calling additional witnesses, while Minority Leader Chuck Schumer insisted…

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Jan 03

Oil prices spike after U.S. airstrike kills Iran general

By Carlo Piovano, Associated Press

There was no immediate indication how Iran would respond, but Tehran has seized oil tankers in the past and shot down a U.S. military drone.

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Dec 06

OPEC nations and Russia agree to cut oil output to lift prices

By David McHugh, Associated Press

The nations have agreed to cut their crude production by an extra 500,000 barrels a day.

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Sep 16

Oil prices spike after drone attack in Saudi Arabia

By Jon Gambrell, Associated Press

The attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record.

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Jan 13

Saudi energy minister concerned about oil price volatility

By Aya Batrawy, Associated Press

Saudi Arabia’s energy minister said Sunday that major oil producers need to do better to narrow swings in prices that dip below $60 a barrel and rise above $86.

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Dec 06

OPEC delays decision to cut oil production amid falling prices

By Kiyoko Metzler, Carlo Piovano, Associated Press

Crude prices have been falling since October because major producers are pumping oil at high rates and due to fears that weaker economic growth could dampen energy demand.

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Nov 26

AP fact check: Trump’s myths on oil prices, cold snaps

By Calvin Woodward, Hope Yen, Associated Press

Here's a closer look at his recent rhetoric, covering the courts, midterm elections and the president's statements on global warming.

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Nov 23

Watch 4:14
News Wrap: Shoppers flock to deals on lucrative Black Friday

In our news wrap Friday, Americans swarmed stores and scoured websites for the best Black Friday deals. The retail data firm ShopperTrak estimates today’s sales will hit $23 billion, up more than $2 billion from last year. Violence emerged amidst…

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Aug 19

Column: Economy in tatters, Nigeria loses title as Africa’s largest economy

By Vikram Mansharamani

Since Nigeria’s central bank announced it would abandon its currency’s dollar peg, the naira has fallen 61 percent against the U.S. dollar.

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Aug 02

Watch 7:07
A stretch of North Dakota highway witnesses oil’s boom and bust

By PBS News Hour

Oil prices have been dropping since the industry’s boom in 2014, and with that decline comes economic uncertainty for oil towns like Dickinson, North Dakota. Over 180 rigs drilled at the nearby Bakken oil field two years ago; only 27…

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Saturday, Sep 27
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