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Brent oil under pressure
Brent oil under pressure

Brent oil under pressure

Brent oil is currently trading close to its September lows as fears of reduced demand weigh on prices. Daily COVID cases in China are at a record high as the number of new cases exceeded 30,000 for the first time ever. Asia's crude oil consumption fell to its lowest level since September. In all likelihood, oil's downtrend will continue.

BRN Crude Oil

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