Oil prices fall on fears of global recession
03.11.2022 12:30
Oil fell slightly on November 3 morning amid investor fears about a global recession and reduced demand for crude, reported from the auction data.
The price of January futures for Brent crude fell by 0.38% to $96.79 per barrel, and December futures for WTI dropped 0.57% to $89.49.
Markets are assessing the likelihood of an economic recession in the light of another increase in the US Federal Reserve’s discount rate.
www.anews.az
The price of January futures for Brent crude fell by 0.38% to $96.79 per barrel, and December futures for WTI dropped 0.57% to $89.49.
Markets are assessing the likelihood of an economic recession in the light of another increase in the US Federal Reserve’s discount rate.
www.anews.az
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