WTI crude oil quotations are slipping towards USD 72.7 per barrel, thus reaching a nearly 6% drop on a daily basis. Panic on the markets due to fears of a banking crisis and possible perturbations in the global economy are dampening demand for 'black gold', which is being sold off en masse. Capital is moving towards safer assets, with the Japanese yen and bullion, gold and silver, among others, performing well.
Source: xStation 5
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