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September 01, 2020 1:25pm
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Crude Oil ETFs Crater Amid Demand Recession Concerns

Crude oil and crude ETFs are cratering on Friday, as investors fear that a looming recession and hawkish rate increases will hurt commodities growth. After nearly reaching its March high of close to $124 per barrel, U.S. benchmark WTI crude oil is cratering on Friday, having fallen over $9 in just...
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