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Bloomberg Quint

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Image Credit: Bloomberg Quint

Oil Steadies After Plunge On Concerns Over Trade War Impact

  • Oil prices stabilized after a sharp plunge on concerns over the impact of the ongoing trade war.
  • West Texas Intermediate (WTI) remained around $60 a barrel after a 3.7% slide on Thursday.
  • Brent crude ended the session near $63 after the drop.
  • Oil prices have fallen more than 15% this month as fears of a global recession and reduced energy demand persist.

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