Oil Prices Extend Slide With Recession Fears Ramping Up

Oil prices slipped Wednesday, finishing up at their lowest level in weeks.

West Texas Intermediate crude fell $3.33 per barrel, or 3%, to $106.19, its lowest settlement since May 12. Brent crude, the global oil benchmark, fell $2.91 per barrel, or 2.5%, to $111.74, its lowest close since May 18.

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