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Oil unscrews, at its lowest for four months, the market fears a recession

2023-03-14T19:18:47.188Z


The barrel of American West Texas Intermediate (WTI) fell 4.63% to 71.33 dollars. Oil prices ended sharply lower on Tuesday, at their lowest in four months, operators still concerned about a possible recession following monetary tightening, which is creating the first turbulence in the United States in the banking sector. Read alsoSVB: six questions about bankruptcy and its risk of cascading consequences The price of a barrel of Brent from the North Sea for delivery in May fe


Oil prices ended sharply lower on Tuesday, at their lowest in four months, operators still concerned about a possible recession following monetary tightening, which is creating the first turbulence in the United States in the banking sector.

Read alsoSVB: six questions about bankruptcy and its risk of cascading consequences

The price of a barrel of Brent from the North Sea for delivery in May fell 4.11%, to close at 77.45 dollars.

The barrel of American West Texas Intermediate (WTI), with maturity in April, dropped 4.63% to 71.33 dollars.

Source: lefigaro

All news articles on 2023-03-14

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