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Why Are Oil Prices Falling?

Why Are Oil Prices Falling?
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JPMorgan Makes One of the Biggest Bets Ever on Carbon Removal -- Commodities Roundup

MARKET MOVEMENTS:

Brent crude oil is flat at $75.96 a barrel.

European benchmark gas is down 0.9% at EUR29.96 a megawatt hour.

Gold futures are 0.1% lower at $1,957.80 a troy ounce.

LME three-month copper futures are down 1.3% a. | 06:45am ....

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Oil Extends Declines On Easing Geopolitical Tensions, China Demand Worries

Oil extended declines today as concerns over geopolitical tensions eased and as rising numbers of COVID-19 cases in China added to demand worries in the world's largest crude importer. ....

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