Oil prices edge down, recession fears back in focus

Oil prices tumble amid recession fears

NEW YORK, Sept. 23 (Xinhua) -- Oil prices fell sharply on Friday, driven by mounting fears that aggressive central bank tightening could induce a recession and hurt demand for energy. Read full story

Oil tumbles amid fears of recession, WTI under 80 dollars

Strong increases in the dollar are making oil more expensive for buyers using other currencies, which can weigh on demand.

Global Crude Oil Prices Slip 3% with Recession Fears in Focus; Brent Falls by $2.81

Oil prices fell on Friday as demand fears were stoked by rising interest rates and a stronger dollar, though losses were capped by Moscow's mobilisation campaign in its war with Ukraine and apparent deadlock in talks on reviving the Iran nuclear deal.

U.S. oil prices drop over 5% to their lowest since January on recession fears

Oil drops sharply Friday, with U.S. prices down more than 5% to their lowest since January, as recession fears grip financial markets, sinking global stock...

Oil Prices Down 3 Percent With Recession Fears in Focus

LONDON—Oil prices fell on Friday as demand fears were stoked by rising interest rates and a stronger dollar, though losses were capped by Moscow’s mobilization campaign in its war with Ukraine and apparent deadlock in talks on reviving the Iran nuclear deal. Brent crude futures fell $2.81, or 3.11 percent, to $87.65 a barrel by 1051 GMT. U.S. West Texas Intermediate (WTI) crude futures were also down, retreating by $2.93, or 3.51 percent, to $80…

More recession fears sink grain prices

Morning report: Plus – an update on fertilizer costs. (Comments are updated by 7:30 a.m. Central Time.)