Oil edges up on strong economic data but trade choppy - CNBC

8/7/2022 12:00:00 AM2 years 8 months ago
by Reuters
by Reuters
Oil prices dropped on Monday, hovering near multi-month lows, as recession fears hurt demand outlook.
Oil prices rose 1.5% on Monday, hovering near their lowest levels in months in volatile trading as positive economic data from China and the United States fed hopes for demand despite nagging fears o… [+1621 chars]
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