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