13.7 C
New York
Friday, November 15, 2024

Oil slides 6% on heightened recession worries and a fresh 20-year high for the US dollar

Oil prices on Friday tumbled to a nine-month low as recession fears swept throughout global risk assets and the US dollar continued this year’s ascent to reach a fresh two-decade high against major currencies. West Texas Intermediate crude fell as much as 6.1% to $78.42 per barrel, the first break …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,493FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x