Oil Stocks Slid in Morning Trading

Tiger Newspress2022-08-04
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Comments

  • Tanyl
    2022-08-05
    Tanyl
    OXY will up again very soon
  • Yeahyeah
    2022-08-05
    Yeahyeah
    [Surprised] 
  • robot1234
    2022-08-05
    robot1234
    Global oil prices dropped on Thursday to their lowest levels since before Russia’s February invasion of Ukraine as traders fretted over the possibility of an economic recession later this year that could torpedo energy demand. Benchmark Brent crude futures ended the day 2.75% lower at $94.12 per barrel, the lowest since Feb. 21. West Texas Intermediate (WTI) crude futures settled 2.3% lower at $88.54 per barrel, after touching the lowest since Feb. 3. The fall in oil prices could come as a relief to large consumer nations like the United States and countries in Europe that have been urging producers to ramp up output to offset tight supplies and combat raging inflation. Oil had surged to well over $120 a barrel earlier in the year after a sudden rebound in demand from the darkest days of t
  • InvisibleP
    2022-08-05
    InvisibleP
    Ok
  • SPOT_ON
    2022-08-05
    SPOT_ON
    Ok
  • Bull1973
    2022-08-05
    Bull1973
    Ok
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