Tag: NGK23
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Oil prices lose ground after back-to-back gains
[ad_1] Oil futures traded lower Tuesday, slipping after back-to-back gains as investors weighed recession fears versus upbeat data on Chinese travel. Price action Market drivers Oil prices “looked as if they were going to mount a rally before old banking worries reemerged,” said Phil Flynn, senior market analyst at The Price Futures Group, in a…
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Oil heads higher, but looks to post a 5% weekly tumble on demand worries
[ad_1] Oil futures headed higher on Friday, but remain on track to post a weekly loss for the first in five weeks as worries about the economic outlook stoked demand worries. Price action West Texas Intermediate crude for June delivery CL.1, +0.45% CL00, +0.45% CLM23, +0.45% climbed by 73 cents, or 0.9%, to $78.10 a…