Oil slides as renewed China Covid curbs temper fuel demand outlook - Business News, Finance News, Share Market News - Market trendz

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Tuesday 12 July 2022

Oil slides as renewed China Covid curbs temper fuel demand outlook

"Growing fears of a recession and continued sluggish demand in China are pulling oil prices lower, though the current supply-demand balances remain precarious," analysts from consultancy Eurasia Group said in a note.

from Commodities-Markets-Economic Times
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