U.S. Oil Prices Skid Toward $70 as Economic Angst Rises

U.S. Oil Prices Skid Toward $70 as Economic Angst Rises

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Crude-oil prices fell, extending a decline driven by worries that interest-rate increases by the Federal Reserve will slow the economy and curb fuel demand. Brent crude futures, the global benchmark, lost 2.1% to about $73.75 a barrel. They have fallen 13% since April 3, when prices initially…

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