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Keyword: plentyofoil

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  • Oil extends slide amid economic jitters (USA-$89.04 a barrel)

    08/31/2022 7:59:48 AM PDT · by dennisw · 19 replies
    MSN --Market Watch ^ | 8 ---31 | William Watts
    <p>FUTURES MOVERS Oil futures fell Wednesday, extending the previous session’s sharp decline amid worries about the global economic outlook as central banks move to squelch inflation.</p><p>Oil is heading for a third monthly drop, despite the Ukraine war, with slower economic growth expected in Europe, China and the U.S. as economies recover from the disruptions caused by the coronavirus pandemic and central banks raise interest rates to combat inflation.</p>