Caterpillar CEO Oberhelman on China, Fiscal Cliff

Dec. 6 (Bloomberg) -- Doug Oberhelman, chief executive officer of Caterpillar Inc., talks about the company's growth strategy and global economic outlook. Oberhelman, speaking with Carol Massar on Bloomberg Television's "In the Loop," also discusses talks to avoid the combination of spending cuts and tax increases known as the fiscal cliff. (Source: Bloomberg)

OPEC Output Cut May Not Drain Supply
15:14 - Oil is trading at a three-week low on concerns that OPEC is unable to make the kind of progress it needs to come to a consensus and to a tangible agreement from Vienna in late November. Bloomberg analysis shows that even if OPEC cuts, it still might not be enough to drain the surplus. Bloomberg's Wael Mahdi reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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