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CNN Money – U.S. oil is about to get squeezed even more. The Saudi-led cartel’s master plan to pump record amounts of oil in order to squeeze other producers out of the market appears to be working. “The strategy…appears to be having the intended effect of driving out costly, ‘inefficient’ production,” the International Energy Agency....

Bloomberg Business –Miners blasted: Mining stocks in Europe got hammered this morning. Glencore Plc, which raised capital at 125 pence a share on Wednesday last, traded as low as 107 pence, down 10 percent on the session. Anglo American Plc, Antofagasta Plc and ArcelorMittal all dropped more than 6 percent. Industrial metal prices fell, with....