Oil drives higher; Facebook buyback; Trump's economic team

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1. Crude oil rising: Oil futures are trading higher on Monday as OPEC members attempt to build consensus for a production cut ahead of a meeting in Nov. 30 in Vienna.

The price of crude jumped 1.4% to just under $ 47 per barrel after Iraq’s oil minister made positive comments over the weekend. His Iranian counterpart also suggested a deal is likely.

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