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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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Comment8

  • Hayz
    ·2022-09-21
    World needs oil.....
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  • TigerHulk
    ·2022-09-21
    Ok
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  • BrianChua
    ·2022-09-21
    Nice article
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  • robot1234
    ·2022-09-21
    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
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    • Vjy
      Good for energy sector
      2022-09-21
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    • Dblchsbrger
      Ok
      2022-09-21
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    • GoodLife99
      ok
      2022-09-21
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  • Mr Mooney
    ·2022-09-21
    Tonight stock market will crush.. 
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  • runningjames
    ·2022-09-21
    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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    • IAS
      [LOL]
      2022-09-21
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  • V.lye
    ·2022-09-21
    Ok
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  • melson
    ·2022-09-21
    100bps please
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    • FGP
      1000hp
      2022-09-22
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