Tuesday, May 19, 2026
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BIG Wrap

Oil slumps with weakening demand outlook

By BIG Media
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Oil slumps with weakening demand outlook

Oil prices in New York and London fell as much as 5 per cent, and the oil futures curve showed signs of near-term weakness following widening lockdown measures in Germany, France, and Italy, BNN Bloomberg reports.

 

https://www.bnnbloomberg.ca/oil-drops-with-renewed-lockdowns-dimming-outlook-for-demand-1.1580832

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