Oil prices have tumbled almost 30% in 2 months. Here's why, and what could happen next. - Yahoo Canada Finance
8/10/2022 12:00:00 AM2 years 8 months ago
by Harry Robertson
by Harry Robertson
The three Rs explain why oil prices have fallen from their June highs: Recession worries, Russian resilience, and retreating demand.
Oil prices have come back down to earth after soaring in the wake of Russia's invasion of Ukraine, to the relief of politicians, companies, and drivers everywhere. WTI crude, the US benchmark oil pr… [+3230 chars]
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