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Oil flat at $71 despite dismal economic outlook for 2024

https://www.fxstreet.com/news/oil-flat-at-71-despite-dismal-economic-outlook-for-2024-202312121145
Oil prices are jumping higher in December on reports a Red Sea tanker was seized by Houthi rebels after a missile attack. Though, the heightened risk and threat in the region is just a small counterweight against the massive oversupply in the Oil markets. With…

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