Brent oil price 82.17 dollars a barrel

The rise in prices was driven by expectations that oil demand will increase in the world’s largest oil consumer country after data pointing to a slowdown in the core personal consumption expenditures

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New York stock market falls sharply

The New York stock exchange closed with a sharp decline. The Dow Jones index lost nearly 700 points. Concerns that the US Federal Reserve will maintain its “hawkish” monetary policy were effective

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