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Oil prices slump again, hit by demand concerns

Reuters | August 31, 2022

By David Gaffen NEW YORK (Reuters) -Oil prices extended their slide on Wednesday, led lower by worries that the global economy would slow further with renewed restrictions to curb COVID-19 in China. Brent crude futures for October due to expire on Wednesday, settled at $96.49, down $2.82 a barrel, or 2.8%. The more active November…