WTI oil fluctuates as Barack Obama signs debt limit deal

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Source: Bloomberg
West Texas Intermediate oil fluctuated on Thursday following the largest increase in a week after the U.S. President Barack Obama signed a deal opening the federal government and ending speculation of the world's biggest oil producer's default. WTI for November settlement slipped 7 cents to $102.22 a barrel on the NYMEX as of 12:50 p.m. in Singapore.

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Thu, 17 Oct 2013 07:23:04 GMT

Chinese stocks rebound amid U.S. deal

China's equities advanced on Thursday rebounding from the largest drop in a three-week period after the U.S. Congress voted yesterday to end a partial government shutdown avoiding the country's default. The Shanghai Composite Index gained 0.5% to 2,206.89 by 1:06 p.m. following a drop recorded yesterday of 1.8%.

Thu, 17 Oct 2013 06:53:07 GMT

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