HomeNewsBusinessMarketsOil extends fall below $100 as fears of recession intensify

Oil extends fall below $100 as fears of recession intensify

West Texas Intermediate settled below $96 a barrel on Thursday. Earlier, futures breached $91 a barrel, hitting the lowest level since late February when crude began its ascent into triple digits.

Representative Image

Bloomberg

first published: Jul 15, 2022 07:26 am

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Oil extends fall below $100 as fears of recession intensify

West Texas Intermediate settled below $96 a barrel on Thursday. Earlier, futures breached $91 a barrel, hitting the lowest level since late February when crude began its ascent into triple digits.

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