Oil slips for third day as recession fears mount

Capt. John

Oil fell for a third day on Thursday as fears over the economic impact of rising interest rates offset a surprise drop in U.S. crude inventories and hopes for Chinese demand. U.S. Federal Reserve Chair Jerome Powell’s comments this week on the likelihood that interest rates will need to be raised...

https://www.hellenicshippingnews.com/oil-slips-for-third-day-as-recession-fears-mount/

Leave a Comment