Oil prices extend losses on demand worries - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

Post Top Ad

Thursday, 4 August 2022

Oil prices extend losses on demand worries

"Crude oil fell further on demand concerns on a cloudy economic outlook," CMC Markets analyst Tina Teng said. "If commodities are not pricing in an imminent economic recession, they might be preparing for a 'stagflation' era when the unemployment rate starts picking up and inflation stays high."

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad