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A Myriad Of Uncertainties Are Set To Keep Oil Prices Volatile

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Energy prices are expected this year to pick up where they left off in 2022—swinging wildly in volatile trading amid a whole host of uncertainties. Geopolitical uncertainties, China’s exit from three years of Covid restrictions, interest rate hikes from central banks, and looming recessions in many economies will continue to pull oil and natural gas prices in both directions, depending on the prevailing market sentiment.  “With the continued geopolitical uncertainty, the first quarter of 2023 is likely as volatile as the…

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