Crude oil price on slippery slide

Oil prices fell by more than 15% to the maximum from the beginning of this month

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But as usual, and due to market mechanics, this decline was not felt in the bombs.

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The price of West Texas Intermediate (WTI) oil

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the benchmark for North American oil - has fallen from a peak in

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2022 from more than $ 123 a barrel to $ 104 a barrel.

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"If the US and the rest of the world go into recession,

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you could affect demand," Andrew Lipow, an oil consultant from Houston

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