Oil Prices Crash As Demand Fears Mount ...Middle East

Oil prices crashed in Wednesday’s session, marking the second day of declines ahead of a likely 25-basis point rate hike by the Federal Reserve as well as growing anxiety over the prospect of a recession amid questions about the health of U.S regional banks. WTI June contract slipped 5.1% to $68.29 per barrel while Brent for June settlement was 4.7% lower to $71.80, the lowest level in more than a year. The current crash closely mirrors the March decline when the banking crisis first unfolded, suggesting the markets are getting concerned…

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Prices Crash As Demand Fears Mount )

For more, read the news from the source

Also on site :

Venice Braces for Jeff Bezos and Lauren Sanchez's Wedding
Sevilla conference on development financing shows optimism for multilateralism
Russia to Boost Exports of China’s Favorite Russian Crude in July

Oil Prices Crash As Demand Fears Mount ...Middle East

Trump threatens tough trade deal for Spain after it refuses to meet NATO defense spending target

Shuttered Three Mile Island Nuclear Plant Poised for 2027 Restart

What Would Happen if the Strait of Hormuz Shut Down?

Russia Looks to Challenge U.S. Influence in Mexico’s Energy Sector

Israel-Iran Conflict Was a Boon for Coal

NATO allies agree to higher 5% defense spending target

Armenia Faces Mounting Pressure Due to Middle East Unrest

Bit Digital, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of WhiteFiber Inc.

Tariffs Will Hit These Car Brands the Hardest

Maryland-based TidalHealth extends Prime Vendor status to physician offices and lab

What's next as the British pound hits its highest in more than three years?

April Price Crash Dragged Saudi Arabia’s Oil Revenues to 4-Year Low

Enbridge Looks to Raise Canada’s Oil Flows to U.S. via New Pipeline

Meta Wins Blockbuster AI Copyright Case—but There’s a Catch

New Index Ranks Vulnerabilities of 188 Nations to Climate Shocks

Europe’s LNG Gamble Exposed by Middle East War

Microsoft, Wisconsin Economic Development Corporation, University of Wisconsin-Milwaukee and TitletownTech officially open AI Co-Innovation Lab to accelerate manufacturing innovation

Asteroid Day Gains Momentum with U.S. Recognition from Flagstaff, Coconino County, U.S. Senate, and Vera C. Rubin Observatory Data Release

Russia Looks to Challenge U.S. Influence in Mexico’s Energy Sector

Sevilla conference on development financing shows optimism for multilateralism

Bit Digital, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of WhiteFiber Inc.

What Would Happen if the Strait of Hormuz Shut Down?

IDEMIA Public Security Enables Ability to Add Iowa Driver's Licenses and State IDs to Google Wallet

Venice Braces for Jeff Bezos and Lauren Sanchez's Wedding

KHARON WELCOMES NEW STRATEGIC ADVISORY BOARD MEMBERS TO SUPPORT GROWING PUBLIC SECTOR INITIATIVES

Israel-Iran Conflict Was a Boon for Coal

CALIFORNIA FIRST LEASING CORPORATION ANNOUNCES PRELIMINARY RESULTS OF TENDER OFFER