Oil weakens on inflation and fears of recession in the United States
Oil prices slid on Monday, weighed down by fears of economic recession and galloping inflation in major crude-consuming countries like the United States, when in China, the possibility of new confinements in the largest cities worries. Around 9:20 a.m., a barrel of Brent from the North Sea for delivery in August lost 1.11% to 120.66 … Read more