By Yuka Obayashi TOKYO/SINGAPORE (Reuters) -Oil prices continued to retreat on Thursday as investors reassessed the risks of recession and the impact of
Oil prices continued to pull back on Thursday, dropping more than 2 per cent as investors recalibrated assessments of recession risks and fuel demand amid interest rate hikes in major economies.
US West Texas Intermediate (WTI) crude CLc1 futures fell $2.39, or 2.3%, to $103.80 a barrel by 0031 GMT. Brent crude LCOc1 futures dropped $2.24, or 2.0%, to $109.50 a barrel.
By Yuka Obayashi TOKYO (Reuters) - Oil prices fell 2% in early trade on Thursday, extending losses from the previous day, as investors worried that ag.
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