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Saudis Boost Oil Pricing to Asia Most in Three Years
Saudi Arabia, the world's largest crude exporter, increased the pricing terms for Arab Light sold to Asia by the most in three years as demand improved. Abu Dhabi raised its export prices for the first time since June.
Asian Stocks Follow Wall Street Lower
Asian stocks followed Wall Street lower on Wednesday as caution set in ahead of a European Central Bank meeting on Thursday and the all-important U.S. jobs report due out Friday, which could provide some clues about the timing of the Federal Reserve's interest rate hike this year.
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