Oil prices fall 3% on recession fears

Capt. John

Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, bearish oil demand signals from OPEC+ and increased restrictions to curb COVID-19 in China. Brent crude futures for October, due to expire on Wednesday, were down $3.41 at $95.90 a barrel...

https://www.hellenicshippingnews.com/oil-prices-fall-3-on-recession-fears/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon