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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Falling oil prices in world markets

rocky
rocky
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Falling oil prices in world markets Empty Falling oil prices in world markets

Post by rocky Thu 12 May 2022, 6:07 am

[size=46]Falling oil prices in world markets[/size]
Economie
09:37 - 05-12-2022
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Oil prices fell more than 1% on Thursday in a volatile week, as economic concerns and fears of recession negatively affected global financial markets, outweighing concerns about supplies and tension in Europe. 

Brent crude futures fell $1.25, or 1.2 percent, to $106.26 a barrel by 0303 GMT. US West Texas Intermediate crude futures fell $1.24, or 1.2 percent, to $104.47 a barrel. 
 
Oil prices are under pressure this week, along with global financial markets, amid concerns about rising interest rates, the dollar's rise to a two-decade high, and worries about inflation and a possible recession. The prolonged lockdown to combat COVID-19 in China, the world's largest importer of crude, has also affected the market.  

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