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[size=36]Oil prices fell to their lowest level in two weeks[/size]
Economie| 10:58 - 15/03/2022
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Follow-up - Mawazine News:
Oil prices fell to their lowest level in two weeks, with continued ceasefire talks between Russia and Ukraine and concerns about demand in China after an increase in Corona virus cases.
Brent crude futures fell $4.44, or 4.15 percent, to $102.46 a barrel by 07:25 GMT, after dropping 5.1 percent the previous day.
US West Texas Intermediate (WTI) crude fell below $100 for the first time since March 1, dropping $4.16, or 4.04%, to $98.85 a barrel. This followed a 5.8% decline the previous day.
Mainland China recorded a huge jump in daily COVID-19 infections on Tuesday, as cases of new symptoms more than doubled from the previous day to a two-year high as the outbreak rapidly expanded in the country's northeast. Ended 29/N33
Oil prices fell to their lowest level in two weeks, with continued ceasefire talks between Russia and Ukraine and concerns about demand in China after an increase in Corona virus cases.
Brent crude futures fell $4.44, or 4.15 percent, to $102.46 a barrel by 07:25 GMT, after dropping 5.1 percent the previous day.
US West Texas Intermediate (WTI) crude fell below $100 for the first time since March 1, dropping $4.16, or 4.04%, to $98.85 a barrel. This followed a 5.8% decline the previous day.
Mainland China recorded a huge jump in daily COVID-19 infections on Tuesday, as cases of new symptoms more than doubled from the previous day to a two-year high as the outbreak rapidly expanded in the country's northeast. Ended 29/N33
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