April 16, 2024
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Brent falls by 2.5 percent

Oil prices bounced back more than a dollar on Monday, after hitting 5-1/2-year lows of $60.28 earlier in the session, as traders began pricing in expectations of improving manufacturing data to be published later this week. Brent fell as much as 2.5 percent after the International Energy Agency forecast price falls and OPEC’s chief defended the group’s decision not […]Continue Reading