Oil heading for punishing loss - BusinessTech


8/5/2022 12:00:00 AM2 years 8 months ago
by https://www.facebook.com/BusinessTechSA

Oil headed for a punishing weekly loss on increasing evidence that a global economic slowdown is spurring demand destruction, with prices collapsing to the lowest level in six months as key time spreads contract.

Oil headed for a punishing weekly loss on increasing evidence that a global economic slowdown is spurring demand destruction, with prices collapsing to the lowest level in six months as key time spre… [+2681 chars]

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