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Three large cargo ships are moored side by side on calm water near a coastline, viewed from above. The ships appear to be oil tankers, with equipment and hoses visible on their decks. @ stockmark.it

Oil Prices Head Toward the worst annual performance since the pandemic as tensions with Russia rise

Oil prices are approaching their steepest annual decline since the pandemic-induced collapse of 2020, pressured by mounting concerns over a deepening supply glut. The deterioration in crude markets has intensified

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