Oil falls on recession fears

Melbourne (Archyde.com) Oil prices fell about one dollar yesterday, in volatile trading, after concerns about a recession and China’s restrictions to combat Covid-19 overshadowed persistent concerns about a supply shortage.Brent crude futures fell 82 cents, or 0.8 percent, to $ 106.20 a barrel by 0314 GMT. US West Texas Intermediate crude futures fell $1.04, or … Read more

Recession fears sweeping the world: temporary panic or real risks?

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" Countries are afraid of falling into the trap of recession, which is traditionally defined as production outstripping consumption EconomyThis is due to its severe risks to the general state of the economy, jobs, the general performance of the industrial and agricultural sectors, the currency and other basic indicators. However, modern … Read more