December 2, 2022

Oil slides on China demand issues, easing provide worries


Russia halts Ukraine Black Sea grain exports citing

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LONDON — Oil fell round 2% on Friday and was on monitor for a second weekly decline, pressured by concern about weakening demand in China and additional rate of interest rises by the U.S. Federal Reserve.

As a part of the rout, the market construction of each oil benchmarks shifted in ways in which…

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