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Oil prices slide as supply fears recede

Source: Reuters

Market structures suggest supply concerns easingBrent hits lowest since Sept. 28Fed interest rate signals dampen sentimentChinese demand and COVID cases in focusLONDON, Nov 18 (Reuters) - Oil fell by more than $3 a barrel on Friday and was on track for a second weekly decline, pressured by concern about weakening demand in China and further increases to U.S. interest rates.As part of the rout, the market…

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