Steve August 4, 2022

Source: CNN Business New York (CNN)The selloff in the oil market gathered momentum Thursday on growing concerns about weakening demand for gasoline. US oil dropped 2.3% to $88.54 a barrel, the weakest settle since February 2. Brent crude, the world benchmark, fell around 3%. A government report released Wednesday unnerved oil traders by revealing an unexpected build in both crude oil and gasoline stockpiles, suggesting demand is cooling off. Robert,

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