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Oil Plunges To Lowest Level Since January—Here’s Why Experts Say Low Prices Won’t Last

Por: Forbes Business September 24, 2022

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Recession fears and a stronger U.S. Dollar both continued to weigh on oil prices.Hasan Jamali/Associated Press Oil prices continued to tank on Friday, posting a fourth straight week of declines and falling to their lowest level since January amid rising fears that a looming economic downturn will hurt global demand in energy markets. The price of U.S. benchmark West Texas Intermediate slid roughly 5% to trade at $79 per barrel, reaching its... + full article



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