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Commodities Headlines

Oil dips on rising U.S. crude inventories and production

Oil markets dipped on Thursday, weighed down by rising crude inventories and production in the United States as well as a stronger dollar, which potentially hampers fuel consumption in countries that use other currencies at home.

California cities sue big oil firms over climate change

California cities San Francisco and Oakland filed separate lawsuits against five oil companies on Wednesday seeking billions of dollars to protect against rising sea levels they blamed on climate change, according to public documents.

Cargill CEO says worst case for NAFTA is 'torn-up' pact

The worst case outcome for ongoing negotiations between the United States, Canada and Mexico to re-work the North American Free Trade Agreement is that the trade pact is "torn up," Cargill Chief Executive David MacLennan said on Wednesday.

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Republicans plan healthcare vote; Obama and TV host denounce bill

WASHINGTON Senate Republicans announced plans to vote next week on their latest bid to scuttle Obamacare even as a popular comedian who has become part of the U.S. healthcare debate denounced the bill and former President Barack Obama on Wednesday warned of "real human suffering."