Oil eases 1% as U.S. recession worries offset China recovery hopes
By Scott DiSavino NEW YORK (Reuters) – Oil prices fell about 1% on Wednesday, surrendering early gains as worries about a possible U.S. recession outweighed optimism that China’s lifting of COVID-19 curbs will fuel demand for crude in the world’s top oil importer. Brent <LCOc1> futures fell 94 cents, or 1.1%, to settle at $84.98 …
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