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Fed leaders' statements bring oil prices down
Fed leaders' statements bring oil prices down

Fed leaders' statements bring oil prices down

Late last week, hawkish rhetoric from US Federal Reserve leaders brought oil prices crashing down.

Late last week, hawkish rhetoric from US Federal Reserve leaders brought oil prices crashing down. Investors are concerned that tightening borrowing conditions and the potential recession this could cause in the US will lead to a significant drop in demand for oil this year. It's likely that its price will continue to trend downward.

BRN crude oil

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74.91% of retail investor accounts lose money

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