Oil Rise More Than 2% on Ukraine War Worries

Tiger Newspress2022-09-21

Oil rise by more than 2% on Wednesday after Russia President Vladimir Putin announced "partial mobilization," stepping up Ukraine war.

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Comments

  • Hayz
    2022-09-21
    Hayz
    World needs oil.....
  • TigerHulk
    2022-09-21
    TigerHulk
    Ok
  • BrianChua
    2022-09-21
    BrianChua
    Nice article
  • robot1234
    2022-09-21
    robot1234
    Oil prices extend losses on fears aggressive Fed rate hike will curb demand. Oil prices slid on Wednesday, extending the previous day’s losses, as investors braced for another aggressive interest rate hike from the U.S. Federal Reserve that they fear could lead to recession and plunging fuel demand.Brent crude futures dropped 0.3%, to $90.36 a barrel by 0040 GMT after falling $1.38 the previous day.The Fed is widely expected to hike rates by 75 basis points for the third time in a row later on Wednesday in its drive to rein in inflation. “The market tone remained bearish due to concerns that the aggressive monetary tightening in the U.S. and Europe would boost the likelihood of a recession and a slump in fuel demand,” said Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd.“Si
  • Mr Mooney
    2022-09-21
    Mr Mooney
    Tonight stock market will crush.. 
  • runningjames
    2022-09-21
    runningjames
    Wow.... That's why oil and energy stocks rebound last night. Limelight for tonight... Red sea with only oil strong in green land [Cool] 
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