Oil slips more than 1%, dogged by recession fears - Sharjah24

Sharjah24 – Reuters: Oil prices dropped more than 1% on Thursday in a volatile week as economic concerns and recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe.

Brent crude futures slipped $1.25, or 1.2%, to $106.26 a barrel by 0303 GMT. WTI crude futures fell $1.24, or 1.2%, to $104.47 a barrel.Oil prices are under pressure this week, along with global fina… [+376 chars]

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