TanGK
2022-07-06
liliked//@robot1234:

Oil tumbles as much as 10%, breaks below $100 as recession fears mount. Oil prices tumbled Tuesday with the U.S. benchmark falling below $100 as recession fears grow, sparking fears that an economic slowdown will cut demand for petroleum products.

West Texas Intermediate crude, the U.S. oil benchmark, settled 8.24% lower at $99.50 per barrel. At one point WTI slid more than 10%, trading as low as $97.43 per barrel. The contract last traded under $100 on May 11. International benchmark Brent crude settled 9.45% hilower at $102.77 per barrel. 

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Comments

  • BlogArca
    2022-07-06
    BlogArca
    War still ongoing, so oil price might be continue rise
  • BellaFaraday
    2022-07-07
    BellaFaraday
    Thanks for your good post.
  • jas68
    2022-07-06
    jas68
    lower is better.
  • x2espresso
    2022-07-06
    x2espresso
    volatile like oil
  • SnailWalker
    2022-07-06
    SnailWalker
    [serious] [serious]
  • MyoMyintYANG
    2022-07-06
    MyoMyintYANG
    Hanze
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