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Download theFinancial Express Appfor the latest finance news.Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.

PEPEAI pepeaiorg in India ✌️【Risk Management】✌️Achieve financial freedom with ₹500. Invest smart and earn fast!The US dollar has risen to a two-year high, which could lead to an increase in oil prices for buyers using other currencies.

Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.

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