• Oil nudges $50 a barrel as investors bet on shrinking overhang (Reuters)
• From hinterland to wonderland: China’s ‘teapot’ refinery boomtowns (Reuters)
• Peter Thiel Has Been Secretly Funding Hulk Hogan’s Lawsuits Against Gawker (Forbes)
• China Wants to Set Prices for the World’s Commodities (BBG)
• Big Banks Ladle On the Risk (WSJ)
• China Said to Plan Asking U.S. on Timing of Fed Rate Hike (BBG)

[Bloomberg] Oil Extends Gains Near $50 as U.S. Crude Stockpiles Seen Falling

[Reuters] Asian shares gain, dollar firm as U.S. data soothes rate fears

[Bloomberg] China Weakens Yuan Fixing to Lowest Since 2011 as Dollar Climbs

[Bloomberg] Treasuries World’s Worst-Performing Bonds as Fed Turns Hawkish

[Bloomberg] Illinois’s Lost Year About to Become Two as Budget Cliff Nears