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Oil plunges to 15-month low as banking turmoil threatens outlook
Oil plunges to 15-month low as banking turmoil threatens outlook
Credit Suisse Group AG shares plunged and the Euro Stoxx Banks Index declined, stoking concerns about the global economy and oil demand. The International Energy Agency’s monthly Oil Market Report also struck a bearish tone, forecasting that global crude supply should “comfortably” exceed demand in the first half before tightening later this year
Credit Suisse Group AG shares plunged and the Euro Stoxx Banks Index declined, stoking concerns about the global economy and oil demand. The International Energy Agency’s monthly Oil Market Report also struck a bearish tone, forecasting that global crude supply should “comfortably” exceed demand in the first half before tightening later this year
Credit Suisse Group AG shares plunged and the Euro Stoxx Banks Index declined, stoking concerns about the global economy and oil demand. The International Energy Agency’s monthly Oil Market Report also struck a bearish tone, forecasting that global crude supply should “comfortably” exceed demand in the first half before tightening later this year 
