Por: CNN Business September 23, 2022
New York CNN — Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good news is the selloff should drive , easing crushing inflation that has been harming consumers. The bad news is the sharp drop in oil prices is yet more evidence that investors are increasingly Oil tumbled as much as 5.7% to $78.73 a barrel on Friday – the lowest intraday level since... + full article
Forbes USA Business September 26, 2022
A trader reacts as he works on the floor of the New York Stock Exchange (Photo by TIMOTHY A. CLARY / ... [+] AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)AFP via Getty Images The expected 0.75% increase by the FOMC last week instead of reassuring investors caused them to... + más
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Forbes USA Business September 24, 2022
Getty Images Key Takeaways In December 2007, the U.S. entered its worst economic slowdown since the Great Depression. Commonly known as the 2008 recession or the Great Recession, this event altered the course of millions of Americans’ lives. The 2008 recession was a long one,... + más
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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... + más
Oil prices tumble to their lowest level since January | The Boston Globe
Oil plunges below $80 to eight-month low as recession fears mount | CNN
MarketWatch USA Business September 24, 2022
Among components of the benchmark index, all but 17 showed declines for the week. West Texas Intermediate crude oil for November delivery dropped nearly 6% to settle at $78.74 a barrel on the New York Mercantile Exchange, for a one-week decline of 7.1%. Read: “The macro... + más
Optimism About Slowing Inflation May Lead To Continued Strength On Wall Street | RTTNews
The Boston Globe USA Business September 23, 2022
The US benchmark oil price tumbled below $80 a barrel Friday for the first time since January as traders grew increasingly worried that much of the world was headed into a recession or was already in one.The steady fall in prices from over $120 a barrel a few months ago could... + más
Oil Plunges To Lowest Level Since January—Here’s Why Experts Say Low Prices Won’t Last | Forbes
CNBC USA Business September 22, 2022
Pump jacks at the Belridge Oil Field site in California. Oil rebounded on Thursday after sliding 1% in the previous session as concerns over tight supplies heading into winter eclipsed fears of a global recession.Citizens of the Planet Universal Images Group Getty ImagesOil... + más
Uganda reacts angrily to EU resolution slamming oil pipeline | ABC News
How do we know when a recession has begun? | The Boston Globe
ABC News USA World September 17, 2022
KAMPALA, Uganda -- Uganda's leader warned Friday that his government could “find someone else to work with” as French partner TotalEnergies faced mounting pressure to pull out of a partnership to construct a pipeline opposed by climate activists. The comments by Ugandan... + más
Louisiana coastal worker fined after rupturing oil pipeline at BP spill restoration site | The Advocate
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