Looks set for a landslide victory in this weekends election. Uber waits to hear if one of its will be babbed as Global Expansion blocks hit a number of roadblocks. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And we have had the iea oil market come out in the last couple of minutes. Some headlines from that, they said the selloff in oil gained pace after the opec meeting on november 27th after they decided to keep its output target unchanged. Of course, we knew that already. They say the outlook for Global Oil Demand pore 2014 has been cut by 50,000 barrels a day. Also saying the strong dollar and the listing of subsidies have so far limited price effects on demand. While in the last month or so, weve been focusing on the opec meeting citing weak demand and the strong u. S. Dollars as reasons for this oil price, overall, they say surge in nonopec supplies to its highest growth ever and a contraction to demand growth there is the reason
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