Oil collapses on recession fears | Economy
Oil prices collapsed on recession fears, with WTI closing below the symbolic level of 100 dollars for the first time in two months. Brent crude for September delivery fell 9.45% to $102.77 a barrel in London. Meanwhile, the West Texas Intermediate (WTI) for August lost 8.23% to 99.50 dollars, a minimum since May 11 in … Read more