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Oil prices fell on Monday to their lowest in 15 months on concerns risks in the global banking sector may cause a recession that would lead fuel demand to decline and ahead of a potential hike in United States interest rates this week. Brent crude futures for May settlement fell $2.32, or 3.2 per cent, to $70.65 a barrel at …
Read More »Oil falls more than $2 on banking concerns, likely Fed rate hike
March 20, 2023