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Wednesday, 6 July 2022

Crude Dips to $95 as Surging Dollar, Recession Fear Test Mettle of Oil Rally

NEW YORK (Sputnik) - Crude fell to a 12-week low of $95 per barrel on Wednesday as the combination of a fear of a recession, a resurgent dollar and aggressive rate hikes by the Federal Rates tested the mettle of this year’s oil rally.

from Sputnik News - World News, Breaking News & Top Storie https://ift.tt/OIzu3fN
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