empty
 
 
OPUSZCZASZSTRONĘ INTERNETOWĄ
www.instaforex.eu >
firmy
INSTANT TRADING EU LTD
Otwórz konto

12.05.202209:48:00UTC+00Oil Prices Retreat On Growth Concerns

Oil prices fell more than 2 percent on Thursday after posting strong gains the previous day, thanks to data showing a significant drop in flows of Russian gas to Europe.

Benchmark Brent crude futures traded 2.1 percent lower at $105.34 in European trade, while U.S. crude futures were down 2.2 percent at $103.35.

Growth concerns intensified amid worsening geopolitical scenario, tightening of interest rates and signs of prolonged COVID-19 lockdowns in China, the world's top crude importer.

The strongest U.S. dollar in two decades also made dollar-denominated commodities costlier for consumers who use other currencies.

The dollar rose to fresh two-decade highs after the latest U.S. inflation data suggested that Fed officials are likely to stick with their approach of raising rates by a half point at each of their next two-three meetings to tame high-flying inflation.

Analysts say that the global economy is entering a period of recession, or possibly stagflation, a scenario where surging prices are combined with slowing growth.



Opuszczasz stronę internetową www.instaforex.eu firmy INSTANT TRADING EU LTD
Nie możesz teraz rozmawiać przez telefon?
Zadaj pytanie na czacie.

Turn "Do Not Track" off