Thursday,
07 July 2022

North

Oil prices slumps, Brent crude under $100 a barrel for first time since May (5)
Thursday 07/July/2022 07:31 AM By: ANI Washington: World oil prices plummeted on Wednesday (local time) and dropped below USD 100 a barrel for the first time since early May. The price of West Texas Intermediate (WTI) crude tumbled as much as 10 per cent Tuesday, to hit a low of USD 97.43 before closing at USD 99.50, down 8 per cent on the day, reported CNN.
Oil Prices Slump Further, Brent Crude Under $100 (2)
Faizan Hashmi Published July 06, 2022 | 09:01 PM World oil prices spiralled lower Wednesday on fears that a potential recession will slash demand, with Brent crude sinking under $100 per barrel London, (UrduPoint / Pakistan Point News - 6th Jul, 2022 ) :World oil prices spiralled lower Wednesday on fears that a potential recession will slash demand, with Brent crude sinking under $100 per barrel. Europe's benchmark crude contract, Brent North Sea, dropped 3.3 percent to
Recession fears drag on euro and crude, Asian markets mixed (4)
Author: AFP Update: 07.07.2022 05:45 The European Central Bank has come under pressure to lift interest rates as the euro falls towards parity with the dollar, though it must also be careful to support the ailing eurozone economy / © AFP Crude extended the week's losses Thursday, while the euro struggled to recover from 20-year lows and equities were mixed as recession fears continued to cast a pall across trading floors.
Oil slides below $100, euro sags (6)
Investors nervous about economic prospects - analyst By AFP - Jul 06,2022 - Last updated at Jul 06,2022 This photo shows a man looking at new fuel prices in Addis Ababa on Wednesday while the price of Brent oil has dropped slightly at the international level (AFP photo) LONDON - Recession worries pushed the price of Brent oil briefly back under $100 on Wednesday and the euro moved closer to parity with the dollar.
Recession fears pound most Asia stocks, euro (1)
By Agence France-Presse July 7, 2022 TAKING A BEATING This May 30, 2022 photo shows euro banknotes in various denominations. PHOTO BY WILLFRIED WENDE VIA PIXABAY HONG KONG: Most equities fell in Asia on Wednesday and the euro plunged to a 20-year low as recession fears hounded markets, while political uncertainty hit the pound as United Kingdom Prime Minister Boris Johnson suffered a series of resignations.
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