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A
currency trader watches monitors at the foreign exchange dealing room of the
KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Aug. 9, 2016. Asian
stock markets were little changed Tuesday after Wall Street closed nearly flat
amid little market-moving news. Prices of oil retreated slightly after reports
of a new OPEC meeting sparked a rally. (AP Photo/Ahn Young-joon)
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The International Energy
Agency (IEA) expects global demand for oil to grow less than previously expected next
year due to a weaker economy.
