TAG: us recession
Oil edges higher as US recession fears fade on employment growth
Oil prices rose on May 8 as US recession worries eased on healthy jobs report for April that supported crude to climb 4 per cent before the weekend. Oil edged higher even though the US labour market data could allow the Federal Reserve to keep interest r...
6 months ago
Oil prices fall as US recession fears spark broader selloff
Oil futures extended losses in a volatile session on Monday as fears of a recession in top oil consumer the United States offset supply worries stemming from mounting tensions in the Middle East, the world's largest oil producing region.Share markets also...
2 months ago