US benchmark West Texas Intermediate sank below $85 while the global Brent benchmark fell below $90. A dollar gauge reached an all-time high on Wednesday, offering a macro headwind at a time when the oil market is grappling with potential slowing demand in China.
from Commodities-Markets-Economic Times
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Wednesday 7 September 2022
Oil slumps below $85 for first rime since January on demand fear
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