Oil prices fall on recession fears, on track for third weekly loss

Summary by Reuters

Oil prices fell on Friday, extending the previous day's plunge, as lingering fears of a recession weighed on sentiment, putting the benchmarks on track for their third straight weekly losses.

2 months ago·New York, United States

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Times of India

Oil prices rise after falling 3% in previous session

On Thursday, the OPEC+ group of producers, including Russia, agreed to stick to its output strategy after two days of meetings. However, the producer club avoided discussing policy from September onwards.

2 months ago·Mumbai, India

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Reuters

Oil prices fall on recession fears, on track for third weekly loss

Oil prices fell on Friday, extending the previous day's plunge, as lingering fears of a recession weighed on sentiment, putting the benchmarks on track for their third straight weekly losses.

2 months ago·United Kingdom

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Daily Express

Oil price fall: Fear of recession grows over uncertainty over future OPEC output

OIL PRICES fell around three percent on Thursday after OPEC confirmed it would only increase output in August as much as previously announced despite tight global supplies, leaving the market wondering about future output.

2 months ago·United Kingdom

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RTÉ

Oil falls 2% on uncertainty over future OPEC+ output

Oil prices sank about 2% today as OPEC+ confirmed it would only increase output in August as much as previously announced despite tight global supplies, but left the market wondering about future output.

2 months ago·Ireland

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Channel News Asia

Oil prices rise after falling 3% in previous session

Oil prices edged up in early trade on Friday, after sinking in the previous session as OPEC+ said it would stick to its planned oil output hikes in August and investors worried about the strength of the global economy. Brent crude futures rose 83 cents, or 0.8 per cent, to $109.86 a barrel by 0012 GMT. WT

2 months ago·Singapore

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Financial Post

Oil prices ease on recession fears, headed for 3rd weekly loss

TOKYO -- Oil prices eased on Friday as lingering fears of a recession demand weighed on sentiment, putting the benchmarks on track for their third straight weekly losses. Read More

2 months ago·Canada

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