Tag: downward..
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Crude oil prices are turning downward… and Brent is near $84 (update)
Crude oil prices turned lower today, Tuesday, April 11 (2023), to continue recording losses for the second consecutive session, amid fears of declining demand. This comes after Chinese inflation data indicated continued weak demand, but the decline in the dollar and expectations that the Federal Reserve will stop tightening its policy limited oil’s losses. Crude…