Oil prices fell in Asia on Thursday, after rising more than $1 in the previous session, as concerns about supply disruptions eased and markets looked for evidence of improving fuel demand.
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Oil prices sank on Friday, after U.S. consumer prices rose more than expected and China imposed new COVID-19 lockdown measures.
Oil prices witnessed a sharp decline during the trading of the United States market, as futures contracts for Brent crude for May delivery fell by about 13% to $ 110.2 a barrel.
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