Oil slumps on fears over economic slowdown, stronger dollar - DAWN.com


8/22/2022 12:00:00 AM2 years 8 months ago
by Reuters

Brent crude futures for October settlement declined $1.58, or 1.6 per cent, to $95.14 a barrel by 0640 GMT.

Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive US interest rate hikes will weaken the global economy and dent fuel demand while a strengthening dolla… [+2334 chars]

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