Oil prices may have met their match — for now, at least.
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Crude futures are tumbling yet again, sinking nearly 3%. After nearing $140 a barrel in early March and topping $120 as recently as two weeks ago, Brent futures have fallen in nearly a straight line and now sit just a hair above $100. US oil hasn't sniffed $100 a barrel for nearly a week.What happened? The global economy is catching up to high prices, and investors are getting a case of the butterflies.Shanghai and other Chinese cities remain on lockdown, as Covid cases surge.
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