- WTI and Brent crude oil futures extended yesterday’s retreat into today’s session as recession fears and a flare-up in COVID-19 cases in China raised concerns over global demand.
- The World Bank President and IMF Managing Director warned yesterday of a growing risk of global recession and said that inflation remains a continuing problem.
A recent news article published in the NASDAQ states that Oil Prices Continue Fall on Recession Fears, Low Global Demand.
Energy sector is poised for a lower...https://mfame.guru/on-concerns-of-global-recession-oil-prices-are-still-plunging/