Oil futures finished with a loss on Friday, with U.S. and global benchmark prices ending a streak of weekly gains, as investors juggled recession fears and concerns over demand. Price action West Texa...
Tag: BRNQ22
Oil prices could go ‘parabolic,’ putting global economy in ‘critical situation,’ says Trafigura chief
“‘We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to these parabolic states, markets can move and they can spike quite a lot.’” — Jeremy We...