Brent crude oil fell nearly $4 a barrel on Thursday as a raft of weak US economic data provided a fresh blow to shaky investor confidence, while US crude's losses extended to 14% so far in August. Equities plunged, volatility jumped and gold hit a fresh record as traders said fears of a new recession were growing again, sparking another round of risk aversion reminiscent of the violent sell-offs at the start of this month.
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