US exit from Paris deal doesn't bother this leading sover…

Oil subdued as rising U.S. output undermines OPEC effort to cut supply

Oil markets were subdued on Monday, with Brent struggling to maintain $50 per barrel as efforts led by OPEC to tighten the market were undermined by persistently rising U.S. production. Brent crude oil futures (CLc1) briefly rose above $50 per barrel in early trading, but had dipped back to $49.94 by 0040 GMT. U.S. West Texas Intermediate futures (CLc1) were at $47.69 a barrel, weighed down by ongoing climbs in U.S. production.


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‘Wonder Woman’ could lift Time Warner shares 20 percent Barron’s

Time Warner owns Warner Bros., the film and television studio that controls DC Entertainment, the rights holder for "Wonder Woman" comics, and with an expected merger between Time Warner and AT&T (T.N) that will pay 8 percent more than Time Warner's recent stock price, Barron's analysts are expecting shares of the media company to soar. As of Sunday morning "Wonder Woman" is looking at a $100.5 million domestic opening weekend and international receipts of $122.5 million from 55 markets.


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