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Oil futures settle at a more than 3-week low on worries over global growth outlook

Por: MarketWatch Business January 04, 2023

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Price action Market drivers Aggressive tightening of monetary policy by the Federal Reserve and other major central banks is driving fears of a global economic slowdown. Those concerns have weighed on crude prices and overall market sentiment, analysts said. “We continue to see lower prices in the first half of 2023 as negative economic activity grips the world economy,” said Peter Cardillo, chief market economist at Spartan Capital... + full article



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