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U.S. Oil Plunges Under $100 As Recession Fears Mount; Gas Prices Set To Tumble
U.S. crude prices fell below the $100 mark for the first time since early May Tuesday, setting up a near-term tumble for domestic gas prices - but further cementing the case for a near-term recession.
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FUTURES
U.S. Oil Plunges Under $100 As Recession Fears Mount; Gas Prices Set To Tumble
U.S. crude prices fell below the $100 mark for the first time since early May Tuesday, setting up a near-term tumble for domestic gas prices - but further cementing the case for a near-term recession.
North America Crude Oil Steps Up With More Supply
Despite a robust list of headwinds faced by producers, including labor shortages and weather-related disruptions, North American crude output is expected to keep climbing and is even poised to set new records.
Stock Market Today - 7/5: Stocks Slide On Recession Fears; Dollar Hits Two-Decade Peak
A brief overnight inversion of the U.S. yield curve, as well as mounting signs of a near-term recession, have stocks on the back foot heading into the holiday-shortened week.
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