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Oil stable as OPEC says it is committed to rebalance markets

Oil prices were stable on Wednesday as OPEC said it was committed to draw down a global supply overhang that has dogged markets since 2014, although bloated U.S. output and inventories still weighed on crude. Brent crude futures LCOc1 were at $54.92 per barrel at 0741 GMT (3:41 a.m. ET),...

Syria evacuations resume after deadly bombing

The evacuation of civilians and fighters from besieged Syrian towns resumed Wednesday after a weekend bombing at a transit point killed 126 people, 68 of them children, an AFP correspondent reported. Dozens of buses from the government-held towns of Fuaa and Kafraya, which have been...