Bridgewater’s Flagship Hedge Fund Gains 32% for First Half of Year
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The Wall Street Journal
Oil Prices Pulled Lower by Dimming Demand
Slowing demand and recession fears helped bring the benchmark U.S. oil price below $100 a barrel Tuesday, continuing a rapid turnaround from soaring levels in recent months. Oil prices shot higher earlier this year as war in Ukraine disrupted supply lines and the world-wide postpandemic reopening lifted demand. The growth outlook is darkening as central banks work to get inflation under control by cooling economic activity, pulling down traders’ forecasts for oil demand.