Post Tagged with: "economic worries"

Source: Reuters

Oil drops as economic worries, strong dollar weigh

Reuters


LONDON: Oil prices fell in volatile trade on Tuesday as the market balanced impending European Union sanctions on Russian oil with demand concerns related to coronavirus lockdowns in China, a strong dollar and growing recession risks.

Brent crude was

Source: Reuters

Oil prices fall as economic worries offset tightening supplies

Reuters


LONDON  -Oil prices slipped on Monday as concerns about slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months stalled.

Brent crude for September fell 89 cents, or 1.2%, …