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Summer is looking bright for oil prices

  Seasonal demand dynamics are looking up for oil prices. But there are downside risks to U.S. natural gas: Higher oil prices are an incentive for more shale oil drilling, which increases the level of associated natural gas production when there is weakening seasonal natural gas demand. Technicals for natural gas prices have also weakened, and shale oil drilling is ...

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Nestle’s new CEO shows bland can taste good. No, really

  The Ulf-man cometh. And it’s all rather underwhelming. Ulf Mark Schneider, the new chief executive of Nestle SA, has laid out what is ultimately a more sensible course for the world’s largest food company. As expected, he’s ditched the strict adherence to an organic sales-growth target of 5 to 6 percent. This year, it’ll be more like 2 to ...

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Brexit means markets turn bearish on UK

  When UK voters decided last June to leave the European Union, global investors anticipating the opposite result wiped out billions of pounds in the currency market. Sterling plummeted a record 8.05 percent to a 31-year low. It’s been seven months since those British voters narrowly rejected the view of prime ministers, presidents, finance ministers, business leaders and economists that ...

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