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Oil prices slip over potential US recession
March 25, 2019
Source: Reuters

Oil prices slip over potential US recession

Oil prices fell in the international market on Monday, as concerns of an economic slowdown offset supply cut from OPEC and US sanctions. Benchmark Brent crude oil futures dipped 0.8%, to $66.52 per barrel. US WTI crude futures dropped 1.1% and were priced at $58.42 per barrel. As 10-year treasury yields touched early 2018-lows, an impending recession has gained potential in the US.

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