Crude Oil Prices Fall Sharply as Recession Fears Grow

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Crude Oil Prices Fall Sharply as Recession Fears Grow
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The U.S. WTI benchmark for crude oil prices fell over 9.5% on Tuesday amid recession fears. See potential bias and similarities in coverage from washingtonpost, dcexaminer and OilandEnergy: OilPrices GasPrices

Oil prices tumbled below $100 a barrel on Tuesday for the first time since May, falling more than 8% amid supply concerns and growing fears of a global recession.

Futures for the United States-based West Texas Intermediate fell Tuesday by 8%, or $8.67, trading below $100 at $99.76 per barrel for the first time since May 11.Analysts at Citigroup said Tuesday that oil prices could fall to $65 per barrel by the end of this year and to $45 by the end...

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