By Gary Newman | Monday 24 October 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Oil has been showing signs of weakness in recent months after hitting highs of nearly $140/barrel – for Brent – earlier this year, and has suffered over concerns about the economic situation in many countries in the coming months.
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