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Oil futures ended lower on Wednesday, with ongoing worries about a recession that would hurt energy demand helping to send U.S. prices into a bear market —defined by a 20% or more drop from their recent high.
Price action
Market drivers
Crude prices extended their losses after a brutal selloff that saw Brent fall more than 9% Tuesday and WTI slide more than 8% for their biggest one-day percentage falls since early March.
The…
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