1. Recession Fears Take Hold Of Oil Markets  OilPrice.com
  2. Oil companies are giving back tons of cash — and other things we've learned this earnings season  CNBC
  3. Oil prices could hit $115 per barrel by end of 2022, says Tortoise's Rob Thummel  CNBC Television
  4. How fear of a global recession is keeping oil prices, demand down  Business Daily
  5. View Full coverage on Google News
Oil prices have fallen back to the levels they were at before Russia invaded Ukraine, suggesting that fears of demand destruction due to a global recession are growingOil prices have fallen back to the levels they were at before Russia invaded Ukraine, suggesting that fears of demand destruction due to a global recession are growing

Recession Fears Take Hold Of Oil Markets | OilPrice.com

Global oil prices have been oscillating between $100 and $105 per barrel and occasionally dropping to just below $100. Global oil prices have been oscillating between $100 and $105 per barrel and occasionally dropping to just below $100.

How fear of a global recession is keeping oil prices, demand down - Business Daily

NEW YORK - Oil-importing countries suffered an unprecedented double blow this year, as oil prices rose while other currencies depreciated against the US dollar. Not only do Asian and other emerging market currencies buy less in terms of US dollars, but oil costs more in terms of nominal dollars – nearly triple its local currency price of two years ago. The double squeeze will put a tailwind behind Asian efforts to ditch the dollar as a trading currency. Asian central banks already have more than US$400 billion of local currency swap lines and can trade among themselves in their own currencies.NEW YORK – Oil-importing countries suffered an unprecedented double blow this year, as oil prices rose while other currencies depreciated against the US dollar. Not only do Asian and other em…

US blunders threaten to end dollar pricing of oil - Asia Times

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