Oil Prices Hit 2-Month Low After Moody's Downgrade of US Banking Sector

Oil Prices Hit 2-Month Low After Moody's Downgrade of US Banking Sector

NEW YORK (Sputnik) – Oil prices hit a two-month low Tuesday after the collapse of one of America’s top 20 banks led ratings agency Moody’s to downgrade the country’s banking sector, a move analysts said could negatively impact the economy and its demand for energy.

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