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Oil price dive slows down as fears ease over Credit Suisse crisis

Swiss central bank steps in with new credit line to European lender as crude price falls take breather

Bank jitters: traders on the floor of the New York Stock Exchange saw fears around the health of European lender Credit Suisse triggering a sell off in equities and commodities on Wednesday.
Bank jitters: traders on the floor of the New York Stock Exchange saw fears around the health of European lender Credit Suisse triggering a sell off in equities and commodities on Wednesday.Photo: AFP/SCANPIX
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Brent CrudeWTI crudeCredit SuisseSwitzerlandSaudi Arabia
Published 16 March 2023, 11:05Updated 16 March 2023, 13:24