Oil Falls Below $60 on Recession Fears

Tokyo April 7 2025: Oil prices slid more than 3% on Monday, deepening last week’s losses, as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude. Brent futures declined $2.28, or 3.5%, to $63.30 a barrel at 0049 GMT, while U.S. West Texas Intermediate […]

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