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Oil prices tumble, in tandem with Wall Street

Published Thu, Mar 8, 2018 · 09:50 PM
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New York

OIL prices tumbled on Wednesday as financial markets slid amid concerns that Washington's plans for import tariffs could spark a trade war, and after US government data showed an increase in crude inventories and output.

Brent crude futures for May delivery fell US$1.45 to settle at US$64.34 a barrel, a 2.20 per c…

KEYWORDS IN THIS ARTICLE

Stocks
Trade war

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