Futures Movers: U.S. crude oil prices attempt to snap 4-day losing streak

by | May 5, 2023 | Stock Market

Oil futures rose Friday, with the U.S. benchmark attempting to snap a four-day losing streak driven by worries over the economic outlook.Price historyPrice action WTI ended Thursday at its lowest since March 20, with crude continuing to feel pressure from fears aggressive tightening by the Federal Reserve and other major central banks will spark a steep global downturn, undercutting demand for crude. Continued…

Article Attribution | Read More at Article Source

Share This