Crude slides to five-month low amid US trade and shutdown jitters

Oil drops to five-month low as trade and budget uncertainties hit sentiment.

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Crude slides to five-month low amid US trade and shutdown jitters

Crude oil prices fell to their lowest levels in five months as traders reacted to ongoing US trade uncertainty and federal budget showdown fears. Brent settled below $82 a barrel as investors rotated out of energy stocks into defensives, dragging the energy sector globally.
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  • energy
  • oil