Energy resource prices drop

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Source: Dukascopy Bank SA


Natural gas, oil and other energy resource prices plummeted on Wednesday.

The decline was attributed to Exxon securing the deal to buy its rival Pioneer for a total of $60 billion. It is expected that the reduction of overhead costs is set to reduce final prices for all Exxon products and alternative energy sources.

US crude oil prices declined as much as 1.60%. Natural Gas lost more than 5.50%.
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