Oil slumps 5% on recession worries, strong US dollar By Reuters - Investing.com


6/17/2022 12:00:00 AM2 years 10 months ago
by Reuters

Oil slumps 7% to four-week low on recession worries, strong dollar

By Scott DiSavino NEW YORK (Reuters) - Oil prices tumbled about 7% to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut deman… [+2845 chars]

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