Oil On Course For First Monthly Decline In 8 Months ...Middle East

Oil prices may be heading for their first month of declines since November as fears intensify about the global economy swinging into a recession, in large part because of high oil prices. As OPEC+ meets today to discuss production policy, with no surprises expected from the extended cartel, both Brent crude and West Texas Intermediate have been trending down over the past four weeks. The decline can be attributed to central banks rushing to tighten monetary policy in the face of persistent inflation in a bid to put a lid on it. However, there is…

Hence then, the article about oil on course for first monthly decline in 8 months was published today ( Thursday 30/06/2022 - 06:16 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil On Course For First Monthly Decline In 8 Months )

Also on site :

• TIER IV forms capital and business alliance with JR Central to support regional development through rail and autonomous driving integration
• Kanazawa University research: High-speed AFM imaging reveals how brain enzyme forms dodecameric ring structure
• CGTN: Why China's anti-corruption drive never stops