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U.S. Refiners Feel the Squeeze as Crude Oil Discount Disappears

American refiners had benefited for years from the supply of oil coming from U.S. shale fields, but the recent drop in such output has sharply narrowed that advantage.

Russian Economy Minister Detained Over Bribe Allegations

Russian Economy Minister Alexey Ulyukaev was detained after law enforcement agencies accused him of accepting a bribe for a recent privatization deal.

Stocks Edge Higher on Oil

Rising oil prices helped lift European markets and U.S. stock futures, leaving the Dow Jones Industrial Average narrowly on track to surpass its record high.

(END) Dow Jones Newswires

November 15, 2016 07:15 ET (12:15 GMT)

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