Allgemeine Zeitung
Oil soared earlier in 2022, with Brent in March coming close to its all-time high of US$147 a barrel after Russia's invasion of Ukraine added to supply concerns. Concerns about slowing growth have since eclipsed tight supply. Photo Reuters Oil soared earlier in 2022, with Brent in March coming close to its all-time high of US$147 a barrel after Russia's invasion of Ukraine added to supply concerns. Concerns about slowing growth have since eclipsed tight supply. Photo Reuters
MW Main

Oil slips as global demand concerns weigh

August 03, 2022
Alex Lawler - Oil slipped yesterday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as OPEC producers meet this week to decide whether to increase supply.Surveys showed on...
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