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• Oil prices on track for 3-day winning streak as dollar extends retreat from recent highs
  Oil futures rose early Monday, on track for a three-day winning...
  Oil futures rose early Monday, on track for a three-day winning streak, as the U.S. dollar continued to pull back from multidecade highs and investors turn their attention to supply issues.
  

  
  
  • West Texas Intermediate crude for October delivery CL.1, 0.69% CL00, 0.68% CLV22, 0.67% rose 74 cents, or 0.9%, to $87.53 a barrel on the New York Mercantile Exchange.
  
  
  • November Brent crude BRN00, 0.86% BRNX22, 0.86%, the global benchmark, was up 90 cents, or 1%, at $93.74 a barrel on ICE Futures Europe.
  
  
  • Back on Nymex, October gasoline RBV22, +0.58% was up 0.7% at $2.451 a gallon, while October heating oil HOV22, +1.20% rose 1.2% to $3.623 a gallon.
  
  
  • October natural gas NGV22, -0.96% gained 0.7% to $8.055 per million British thermal units.
  
  
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• Californians Can't Catch a Break as Gasoline Prices Rise Again
  A dangerous heat wave is raising the risk of blackouts in the state on top of perennial drought and fires....
  A dangerous heat wave is raising the risk of blackouts in the state on top of perennial drought and fires. And now, after enduring record pump prices in June that were much higher than the national average, Californians face surging gasoline costs again at the end of the summer travel season when they typically fall.
  
  Pump prices jumped by more than 5 cents a gallon overnight in San Francisco and Sacramento, according to auto club AAA, and record wholesale premiums signal they could rise further. At the state level, retail prices average $5.306 a gallon, almost 3 cents more than the previous day.
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• What Else is Brewing This Saturday Morning
  Tennis phenom Carlos Alcaraz ended American Frances Tiafoe’s run at the US Open last night. Alcaraz will face Casper Ruud in the men’s finals.
  
  BYU unbanned a fan from its sporting events after saying its investigation found no evidence that a Duke volleyball player was subjected to racist taunts.
  
  FTX Ventures, the VC arm of Sam Bankman-Fried’s crypto exchange, bought a 30% stake in the fund run by ex-Trump communications director Anthony “the Mooch” Scaramucci.
  
  Burger King plans to pour $400 million into advertising and restaurant face-lifts to juice sales.
  
  ICYMI: Here’s a video recap of everything that happened in the news this week.
  
  
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• Four of Germany's neighbors have yet to sign agreements to share natural gas supplies.
  Germany's neighbors are avoiding committing to a gas-sharing deal as Europe's energy crisis...
  Germany's neighbors are avoiding committing to a gas-sharing deal as Europe's energy crisis deepens
  
  Four of Germany's neighbors are avoiding "constructive negotiations" on a deal to share their natural gas supplies, according to a recent report.
  
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• Goldman Sachs expects home prices will fall in 39% of U.S. cities next year
  The U.S. housing market has ...
  The U.S. housing market has cooled this year as mortgage rates surge and record home-price appreciation sidelines more buyers.
  
  And economists now expect this slowdown to result in lower prices in nearly half of markets across the country next year.
  
  “While we think national home prices will likely avoid a correction in 2023, we expect 39% of metropolitan areas to experience price declines,” analysts from Goldman Sachs’ Global Investment Research wrote in a report this week.
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