Crude oil prices eased 20% year-over-year during the January to March period, from multi-year highs in the same period last year following Russia’s invasion of Ukraine
narrowly missed analysts’ estimates for first-quarter profit on Thursday, as lower energy prices more than offset a rise in production for the country’s largest oil and gas producer.
Moreover, the recent U.S. banking crisis and concerns over the pace of recovery in China have weighed on crude prices in the first three months of 2023.
France Dernières Nouvelles, France Actualités
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