Oil Rebound Stalls as Recession Fears Outweigh Supply Crunch
By Ambar Warrick Investing.com– A rebound in oil prices appeared to be running out of fuel on Wednesday as fears of slowing short-term demand offset a potential supply shortage stemming from OPEC production cuts and a hurricane in the Gulf of Mexico. Prices remained close to eight-month lows, as rising interest rates and growing fears of …
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