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Energy stocks slump on recession fears, Libya protest spreads, Norway strike ends

06 Jul 2022 - Oil fell $8.93 or 8.2% to US$99.50 a barrel to the lowest since mid-May. Investors are expecting that a recession would lead to a slowdown in global demand over the persistent supply chain disruptions. Adding to the woes, are the supply outages and protests disrupting exports in Libya.
Saudi Arabia United Kingdom Prime Minister Mustafa Sanalla Fathi Bashagha Audun Ingvartsen

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