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Crude oil prices also eased as demand worries trumped supply concerns ahead of Chinese retail sales data later in the week that may darken an outlook already dimmed by declining industrial activity in the world’s second-largest economy.
Source: https://business.inquirer.net/431422/global-stocks-hamstrung-by-inflation-interest-rate-worries
Crude oil prices had risen to $71.95 after last week’s data was released.
Source: https://londonlovesbusiness.com/the-price-of-crude-oil-wti-reduced-its-gains-during-mondays-trading/
Crude oil prices rose slightly in early Asian trade on Tuesday in a market focused on prospects of demand recovery from top importer China and on the global economic outlook ahead of company earnings.