Brent Oil tumbles below $70 for first time since Dec 2021
The Free Press Journal|September 11, 2024
Downbeat economic data from China and the US has stirred fears about oil demand in the top two consumers
Brent Oil tumbles below $70 for first time since Dec 2021

Brent futures dropped below $70 a barrel for the first time since December 2021, a fresh leg lower in a price slump spurred by robust supplies, demand concerns and rampant speculative speculative selling, Bloomberg reported.

The global benchmark fell 2.8%.

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