NEW YORK (Reuters) - Shares of Citigroup Inc (C.N) dropped 9 percent to $5.10 before the bell on Tuesday as investors fretted about the bank's outlook and fears of more credit losses ahead mounted.
(Reporting by Ellis Mnyandu; Editing by James Dalgleish)
NEW YORK/HOUSTON/BEIJING (Reuters) - Saudi Arabia has quit a long-held lease for 5 million barrels of Caribbean oil storage near the key U.S. market and state giant PetroChina is poised to move in, industry sources say, a potentially major shift in global oil trade dynamics.
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