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Falling oil prices

2022-08-19T11:36:06.926Z

London, SANA- Oil prices fell today, heading for a weekly loss, due to pressures from the strength of the dollar and fears of a slowdown



London-Sana

Oil prices fell today, heading for a weekly loss, due to pressures from the strength of the dollar and fears of a global economic slowdown.

Reuters reported that Brent crude futures fell 97 cents, or one percent, to $95.62 a barrel, while US West Texas Intermediate crude futures fell 91 cents, or one percent, to $89.59 a barrel.

Both benchmark contracts are heading to record weekly losses of close to three percent.

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Source: sena

All business articles on 2022-08-19

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