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Oil eases on Covid-19 worries, strong US dollar

April 06, 2022 7:10 AM

NEW YORK (REUTERS) – Oil prices eased in volatile trade on Tuesday (April 5), pressured by a rising US dollar and growing worries that new Covid-19 cases could slow demand but losses were limited by supply concerns due to sanctions on Russia for alleged war crimes.

Source : https://www.straitstimes.com/business/companies-markets/oil-eases-on-covid-19-worries-strong-us-dollar

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