HOUSTON (Reuters) -Oil prices held steady on Monday in choppy trading as fears that high inflation and energy costs could drag the global economy into recession offset China’s continuation of…
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Category: Commodities
Oil slumps $10/bbl as recession fears darken demand outlook
NEW YORK (Reuters) -Oil plummeted by about $10 a barrel on Tuesday as concerns of a global recession curtailing demand overshadowed a strike by Norwegian oil and gas workers that…
Oil in 2nd Weekly Loss, But a Barrel Still Above $100
Oil prices were headed for a second weekly loss on Friday as the Russia-Ukraine war premium dipped from its highs of two weeks ago. But keeping the market below $100…
Gold Below $1,900 as Haven Trade Loses Some Shine
Good as long as it lasted? Or a lot more fireworks next week? Gold’s dalliance with $1,900 peaks may not be over. But for this week itself, that high water-mark…