raised interest rates
Brent crude slipped $1.21, or 1.6%, to $72.93 a barrel at 0810 GMT, while U.S. West Texas Intermediate crude was down $1.31, or 1.9%, at $68.20. "Due to strengthening economic headwinds caused by recession fears, only conspicuous stock depletion will herald a protracted change in the currently ominous outlook."
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