Oil dips as investors torn by tight supply worries and recession fears - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Thursday, 7 July 2022

Oil dips as investors torn by tight supply worries and recession fears

Both contracts are set to decline for a second week. Trade this week was marked by a sharp sell-off on Tuesday, where WTI slid 8% and Brent tumbled 9%. Brent's $10.73 drop was the third biggest for the contract since it started trading in 1988.

from Commodities-Markets-Economic Times
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