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Oil up 2 percent after two-day drop; caution still on gasoline, Brexit
Oil prices rose almost 2 percent on Wednesday as robust U.S. economic data lifted crude futures from two days of declines, although a gasoline glut and woes from Britain's European Union exit suggested more pressure ahead.
Russia's Baltic outpost digs in for standoff with NATO
On the curbside outside the civilian airport in Kaliningrad, Russia's Baltic Sea outpost, a group of about 20 servicemen in Russian navy uniforms lined up earlier this month, waiting for a bus to take them to their base.
Russia to empty one of its sovereign funds next year - ministry proposal
Russia will exhaust one of its two sovereign funds next year, according to a finance ministry proposal seen by Reuters, having by that point run through $87 billion since the beginning of 2014 to fill holes in the budget left by a slump in oil prices.
Commodity trade in UK may have some position limit leeway after Brexit
Britain-based commodity exchanges may have some leeway in the way they manage large positions after the UK exits the European Union, but they will still have to comply with EU rules from 2018, experts say.
Turkey proposes cooperation with Russia in fighting Islamic State
Turkey said on Monday it wanted to cooperate with Moscow in combating Islamic State in Syria but denied having suggested it might allow Russia to use its Incirlik Air Base, near the Syrian frontier.
Oil eases as weak demand tempers bullish Saudi energy minister comments
Oil prices eased on Monday after comments by Saudi Energy Minister Khaled Al-Faleh that the market was heading towards balance were tempered by signs of slowing demand in Asia.
We should give Britain the time it needs on Brexit
Britain should be dealt with patiently given the political upheaval there since it decided in a June 23 referendum to leave the European Union, Chancellor Angela Merkel's chief of staff said on Monday.
We need to sell Britain to the world, Osborne says, eyeing China
British finance minister George Osborne will put more effort into Britain's relationship with China and lead another trade visit later this year, following Britain's decision to leave the European Union, the Financial Times reported.
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