crude oil update

Category:-Metal | 16-Mar-2023 09:55 AM

Oil prices fell sharply Wednesday, as traders feared a brewing banking crisis could dent global economic growth.

West Texas Intermediate futures fell more than 5% to settle at $67.61 per barrel, reaching its lowest level since December 2021. Brent crude, the international benchmark, slid 4% to $74.36 per barrel.

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