Oil just tumbled into a bear market. Here's why it has Trump's trade war to thank.

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

WTI crude oil is now in a bear market, down 21% from its April high. Analysts say global growth fears, exacerbated by Trump's trade war, are to blame.

West Texas Intermediate crude oil has entered a bear market, down 21% from its April high. Analysts say global growth fears, exacerbated by President Trump's trade war, are to blame. The commodity is still positive since the start of 2019, but its sharp downturn in recent weeks underscores the volatility geopolitical uncertainty has injected into global markets. Watch crude oil trade live.

West Texas Intermediate crude oil has entered a bear market, down 21% from its April high. Analysts say global growth fears, exacerbated by President Trump's trade war, are to blame. The commodity is still positive since the start of 2019, but its sharp downturn in recent weeks underscores the volatility geopolitical uncertainty has injected into global markets. Watch crude oil trade live.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen