Tag: 1..
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Oil prices are down 1%… and Brent crude is under $79
Oil prices fell by more than 1%, during trading today, Monday, July 17 (2023), to continue bleeding losses for the second session in a row, amid fears of declining demand. Chinese economic data showed slowing growth in the second quarter; What raised concern about demand in the world’s second largest oil consumer, with Libya resuming…
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Crude oil prices fell by more than 1%… and Brent is above $86 – (update)
Crude oil prices fell by more than 1%, at the end of trading today, Thursday, April 13 (2023), after two sessions of gains, amid fears of declining demand. This comes as investors continue to worry about a possible recession in the United States and weak demand for oil, in conjunction with the disclosure of inflation…
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Crude oil prices are down 1%… and Brent is below $77 (update)
Crude oil prices fell back by more than 1% today, Wednesday, March 15 (2023), to continue bleeding losses for the third consecutive session, with continued fears of an economic recession following the collapse of the US Silicon Valley Bank. Markets had some support in early trading today from OPEC’s strong outlook on Chinese demand, which…