Brent, the international oil benchmark, fell below $85 a barrel for the first time since January amid mounting concerns about a global economic slowdown. Central banks around the world have Continue Reading
Oil prices fell for a second day on Monday on fears of lower fuel demand from a possible global recession sparked by rising interest rates, with further price pressure coming Continue Reading
Oil dropped again, with Brent sliding below $85 a barrel at one point, as the dollar’s surge and mounting recessionary concerns threatened global demand. The global oil benchmark hit the Continue Reading
Oil prices plunged about 5% to an eight-month low on Friday as the U.S. dollar hit its strongest level in more than two decades and on fears rising interest rates Continue Reading
WATCH: Amrita Sen, Founder and Director of Research at Energy Aspects, discusses her outlook for energy markets. Oil posted its longest stretch of weekly losses this year as central banks Continue Reading
A driver holds a fuel nozzle at a gas station in Sacramento, California. Photographer: David Paul Morris/Bloomberg The US is running low on gasoline on the West Coast and in Continue Reading
Oil headed for a fourth weekly decline after a raft of interest-rate hikes around the world darkened the outlook for energy demand. West Texas Intermediate futures edged below $82 a Continue Reading
Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns after Moscow’s new mobilization campaign in its war with Ukraine Continue Reading
Oil rose on Thursday after sliding 1% in the previous session on the prospect of higher Chinese demand and geopolitical risks. Brent crude futures were up $1.09, or 1.21%, to Continue Reading
Oil rose on Thursday after sliding 1% in the previous session on the prospect of higher Chinese demand and geopolitical risks. Brent crude futures were up $1.09, or 1.21%, to Continue Reading
