Oil sinks further below $100 as recession risk spooks market - Economic Times

The euro lost ground on Tuesday, trading near parity with the dollar, while stock markets fell on the prospect of rising interest rates and worries over economies worldwide.A stronger U.S. currency usually weighs on oil because it makes the dollar-priced comm…

Oil prices fell sharply on Tuesday on a strong dollar, demand-sapping COVID-19 curbs in top crude importer China and fears of a global economic slowdown. Brent crude futures were down by $7.16 or 6… [+2359 chars]

full article...