Post Tagged with: "oil slumps"

Source: Reuters

Oil slumps over 3%, hits May lows as losses extend to a sixth day


Wall Street indexes fell on Thursday on concerns the Federal Reserve could begin to rein in its massive monetary stimulus, while commodity-linked stocks sank as oil and metal prices tumbled to multi-month lows.

The S&P energy sector was the …

August 19, 2021 - 10:00 am Closing Bell Story‎, Commodity Pricing, Energy News