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Oil down, but ends year with biggest gain since 2009

Oil prices settled slightly lower on Friday, the year’s last trading day, but attained their biggest annual gain since 2009, after OPEC and partners agreed to cut output to reduce a supply overhang that has depressed prices for two years. A two-rig rise in the oil rig count in the …

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Right After Sanctions Announced, Russia Embarrasses CNN By Exposing “Fake News”

CNN came under fire from Russian officials Friday for reporting “fake news” in connection with Russia’s response to sanctions slapped upon it by President Barack Obama. On Thursday, Obama ejected 35 Russian intelligence operatives, closed two diplomatic compounds and banned several intelligence-related individuals, agencies and companies in response to the …

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