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Low oil prices in light of economic concerns

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

Oil prices fell today, Monday, in light of concerns about the tightening of the US Federal Reserve’s monetary policy in the US, despite optimism about demand from China.

By 09:34 Moscow time, futures for US West Texas Intermediate oil fell 0.75% to $75.75 per barrel.

At the same time, futures for Brent crude fell 0.78% to $82.51 a barrel, according to Bloomberg data.

Source: RT + Bloomberg

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