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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

Companies set to report earnings next week have a track record of surpassing expectations.

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Companies set to report earnings next week have a track record of surpassing expectations.

Several companies are set to release their earnings reports next week, with some potentially standing out among the rest. Earnings season is in full swing, with 22% of S&P 500 members expected to announce their quarterly results in the coming days. According to FactSet, the majority of companies that have already reported their third-quarter earnings … Read more