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Oil extends losses on recession fears | Borneo Bulletin Online - Vimarsana News

Oil extends losses on recession fears | Borneo Bulletin Online

THE STAR – Oil prices dipped in early trade yesterday, extending the week’s losses as concern over tight supply was outweighed by escalating fear of sharp interest rate hikes slamming global growth and hitting fuel demand. Brent crude futures fell 22 cents, or 0.2 per cent, to USD90.62 a barrel as at 0052 GMT after […]