Posts Tagged ‘offsetting’

Oil Slips as Banking Fears Return, Offsetting China Demand Hopes

LONDON—Oil extended losses on Wednesday as unease over Credit Suisse spooked world markets, offsetting hopes of a Chinese oil demand recovery. Early signs of a return to calm and stability faded after Credit Suisse’s largest investor said it could not provide the Swiss bank with more financial assistance, sending its shares and broader European stocks […]

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