After two days of gains, oil prices turned lower early on Friday, weighed down by lingering concerns about recession in major economies and a strong dollar, which makes crude more expensive for holders of other currencies. As of 9:00 a.m. ET on Friday, WTI Crude was trading below the $90 a barrel mark, at $88.93, down by 1.73%. The international benchmark, Brent Crude, was below $95 per barrel and traded at $94.77, down by 1.88% on the day. Both benchmarks were on track for a weekly loss of over 3.5%, as fears of a global economic slowdown trumped…
Hence then, the article about oil dips as fear of recession prevails on market was published today ( ) and is available onOILPRICE ( 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 Dips As Fear Of Recession Prevails On Market )