December 9, 2023

After a decrease in US stocks, oil prices have begun to recover from 6-month lows

Oil prices increased on Wednesday, recovering from six-month lows reached the previous day, as investors were reminded by an unexpectedly huge decline in US oil and gasoline supplies that demand is still strong, despite being overshadowed by the possibility of a worldwide recession. By 04:15 GMT, Brent crude futures were up 56 cents, or 0.6%, […]

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