The U.S. WTI benchmark for crude oil prices fell over 9.5% on Tuesday amid recession fears. See potential bias and similarities in coverage from washingtonpost, dcexaminer and OilandEnergy: OilPrices GasPrices
Oil prices tumbled below $100 a barrel on Tuesday for the first time since May, falling more than 8% amid supply concerns and growing fears of a global recession.
Futures for the United States-based West Texas Intermediate fell Tuesday by 8%, or $8.67, trading below $100 at $99.76 per barrel for the first time since May 11.Analysts at Citigroup said Tuesday that oil prices could fall to $65 per barrel by the end of this year and to $45 by the end...
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Crude Oil Price Technical Forecast: WTI Spills Lower- Correction LevelsCrude oil prices plummeted more than 9% this week with WTI marking its worst single day loss since mid-March threatening a deeper correction in the days ahead.
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US stocks, crude oil prices fall as markets extend slumpStocks fell broadly in afternoon trading on Wall Street Tuesday, extending a slump for the major indexes as investors continue to worry about the state of the economy.
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Oil stocks lift FTSE 100 as crude prices strengthenUK's top share index rose on Monday, boosted by oil stocks as crude markets gained on concerns over tight supplies, with investors awaiting the earnings season to pick up pace to gauge the impact of surging prices and higher interest rates.
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