Oil falls for a sixth straight day, sinks to the lowest level since May on fears of slowing growth

Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil dropped for a sixth-straight session on Thursday, falling to the lowest level since May as demand fears and comments from the Federal Reserve that it will suspend its bond-buying program sent prices tumbling. Crude came under pressure amid weakness in the commodities market and equities more generally. West Texas Intermediate crude futures, the U.S. oil benchmark, slid $2.38, or 3.6%, to trade…

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