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[size=36]Oil continues its losses and falls below $110[/size]
Economie| 08:55 - 23/06/2022
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Follow-up - Mawazine News
: Oil prices fell 2 percent in early trading today, Thursday, extending the losses of the previous day, as investors fear that large increases in US interest rates will lead to a stagnation and weak demand for fuel.
US West Texas Intermediate crude futures fell $2.79, or 2.62 percent, to $103.41 a barrel by 04:31 GMT. Brent crude futures fell $2.52, or 2.32 percent, to $109.16 a barrel.
Both benchmarks fell about 3% on Wednesday to reach their lowest levels since mid-May. Ended 29/N33
: Oil prices fell 2 percent in early trading today, Thursday, extending the losses of the previous day, as investors fear that large increases in US interest rates will lead to a stagnation and weak demand for fuel.
US West Texas Intermediate crude futures fell $2.79, or 2.62 percent, to $103.41 a barrel by 04:31 GMT. Brent crude futures fell $2.52, or 2.32 percent, to $109.16 a barrel.
Both benchmarks fell about 3% on Wednesday to reach their lowest levels since mid-May. Ended 29/N33
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