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Oil prices increase slightly, yet set to record largest weekly decline in more than a month – Reuters

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Oil prices increase slightly, yet set to record largest weekly decline in more than a month – Reuters

By Florence Tan SINGAPORE (Reuters) – Oil prices edged up on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were on track for their largest weekly decline in over a month due to concerns of reduced demand. Crude futures climbed 16 cents, or 0.2%, to $74.61 … Read more

This wealthy individual believes the market is highly confident in Trump’s victory next month.

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This wealthy individual believes the market is highly confident in Trump’s victory next month.

Duquesne Family Office founder and hedge fund manager Stanley Druckenmiller recently shared his thoughts on the upcoming election, stating that if forced to make a prediction, he believes former President Donald Trump would defeat Vice President Kamala Harris. Druckenmiller explained that while he previously viewed the election as a toss-up, the market now seems to … Read more