Citi says oil could fall to $65 in a recession. Here's what that would mean for our stocks

The price of oil has pulled back considerably in recent weeks after such a strong start to the year, driven largely by concerns of a looming recession. Economic slowdowns, after all, have historically led to lower oil demand.

OPEC+ has agreed to increase oil output by 648,000 barrels per day in July and August – a larger-than-expected amount as the Ukraine war wreaks havoc on global energy markets.

Anything is possible

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Asian Stock Market: Mix on cautious market mood, DXY flat ahead of Fed minutes, oil slipsMarkets in the Asian domain are displaying mixed responses to falling S&P 500 futures in the Asian session. Friday’s gains in Wall Street were expecte
स्रोत: FXStreetNews - 🏆 14. / 72 और पढो »

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.
स्रोत: KPRC2 - 🏆 80. / 68 और पढो »