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Oil prices dropped below $55, nearing $40, due to excess supply and weak demand.
Oil prices fell below $55 a barrel, the lowest since February 2021, as supply outpaces demand, prompting warnings of further declines to $40 a barrel.
Analysts cite persistent oversupply and weakening demand, though specific causes like economic trends or policy shifts are not detailed.
The drop highlights ongoing energy market volatility and potential risks for oil-dependent economies and producers.
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Los precios del petróleo cayeron por debajo de los 55 dólares, acercándose a los 40, debido al exceso de oferta y la débil demanda.