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Oil prices rise more than 1% on fuel demand optimism

Oil prices rose nearly 2% on Wednesday, after U.S. distillate inventories posted a large drawdown and refining activity picked up,…

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European stocks close mixed with Fed, earnings in focus; Deutsche Bank up 11%

KEY POINTS Earnings on Wednesday came from Deutsche Bank, Lloyds Banking Group and a slew of other firms. Deutsche Bank reported…

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