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Oil price cools this week amid pandemic and global economy fears

Oil price cools this week amid pandemic and global economy fears

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The oil price has been on a bit of a roll in recent weeks but the momentum stopped this week as prices fell to the lowest level since May.  The uncertainty around the pandemic has the market worried about demand and in Friday trading, Brent crude was priced around US$65 with West Texas Intermediate (WTI) holding on around US$63 a barrel.

...read full article on Proactive Investors

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