• Publish Your article
  • Editorial Policy
  • About Us
  • Contact
  • Advertise
Thursday, August 18, 2022
  • Login
No Result
View All Result
Birmingham Times
  • Home
  • UK News
  • Politics
  • Business
  • Entertainment
    • All
    • Sports
    Eddie Jones rapped over knuckles over his blast at England’s posh boys as RFU distance themselves from comments

    Eddie Jones rapped over knuckles over his blast at England’s posh boys as RFU distance themselves from comments

    Rugby stars reluctant to speak out about mental health over meathead alpha male mentality that MUST stop, says Haskell

    Rugby stars reluctant to speak out about mental health over meathead alpha male mentality that MUST stop, says Haskell

    Terrifying moment rugby fans fall head-first on to concrete as stand collapses when they celebrate a try

    Terrifying moment rugby fans fall head-first on to concrete as stand collapses when they celebrate a try

    Cheeky fan steals show by flashing BUM and twerking live during BBC Commonwealth Games TV coverage

    Cheeky fan steals show by flashing BUM and twerking live during BBC Commonwealth Games TV coverage

    Former Premiership star Chris Mayor banned for FIVE years after being found guilty of doping and drug trafficking

    Former Premiership star Chris Mayor banned for FIVE years after being found guilty of doping and drug trafficking

    Gloucester lock Ed Slater diagnosed with Motor Neurone Disease aged 33 and forced to retire from rugby

    Gloucester lock Ed Slater diagnosed with Motor Neurone Disease aged 33 and forced to retire from rugby

    England rugby chiefs to ban trans women from playing against females in major U-turn after lengthy review before season

    England rugby chiefs to ban trans women from playing against females in major U-turn after lengthy review before season

    South Africa 12 Wales 13: Anscombe kicks Wales to rugby history in bittersweet moment after missing birth of child

    South Africa 12 Wales 13: Anscombe kicks Wales to rugby history in bittersweet moment after missing birth of child

    South Africa 12-13 Wales RESULT: Anscombe’s HISTORIC kick fires Dragons to FIRST win over Springboks on African soil

    South Africa 12-13 Wales RESULT: Anscombe’s HISTORIC kick fires Dragons to FIRST win over Springboks on African soil

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    We lose two medics to suicide every week – it’s vital we remember them and tackle this hidden crisis, says Adam Kay

    We lose two medics to suicide every week – it’s vital we remember them and tackle this hidden crisis, says Adam Kay

    Beat the cost of living crisis and feed your family for just £1 a head with these mouthwatering meals

    Beat the cost of living crisis and feed your family for just £1 a head with these mouthwatering meals

    Why you’re not sleeping on holiday and what you can do to fix it

    Why you’re not sleeping on holiday and what you can do to fix it

    My teeth have been left as tiny stumps and I’m in constant pain after dental treatment in Turkey ruined my smile

    My teeth have been left as tiny stumps and I’m in constant pain after dental treatment in Turkey ruined my smile

    I made a pizza in my air fryer using just two ingredients for the dough – it tastes amazing & is less than 500 calories

    I made a pizza in my air fryer using just two ingredients for the dough – it tastes amazing & is less than 500 calories

    One in ten fork out £1,200 on holiday extras – so experts share how to avoid additional costs

    One in ten fork out £1,200 on holiday extras – so experts share how to avoid additional costs

    Major Covid rule change coming to Scotland in DAYS

    Major Covid rule change coming to Scotland in DAYS

    I’m a foodie and you’ve been making mashed potatoes all wrong… I don’t care if my way is lazy, it’s genius

    I’m a foodie and you’ve been making mashed potatoes all wrong… I don’t care if my way is lazy, it’s genius

    Even if your family don’t live there anymore, it’s worth visiting the country of your heritage

    Even if your family don’t live there anymore, it’s worth visiting the country of your heritage

    Can I do a lateral flow test immediately after I’ve had the booster and get an accurate result?

    Can I do a lateral flow test immediately after I’ve had the booster and get an accurate result?

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Health
  • Opinion
  • Tech
  • Science
  • Travel
  • Real Estate
  • Sports
  • More
    • Crypto
    • Press Release
Birmingham Times
No Result
View All Result
Home International

Crude oil prices fell below ૧ 100 on fears of a recession

by Chandler
July 6, 2022
0
0
SHARES
Share on FacebookShare on TwitterShare on Reddit

Moscow,Rising crude oil prices have begun to soften since Russia invaded Ukraine. Crude, which once crossed ૩ 150 a barrel, has now slipped below 100. West Texas Intermediate (WTI) crude futures fell 4.5 percent to ૯૮ 7 today. Crude prices have fallen amid speculation that a recession could hit next year. It shows that there has been a softening in demand.

Oil futures have fallen below ૦૦ 100 for the first time since May. The dollar rose on Tuesday and there was pressure on oil prices. Citigroup said crude oil prices could fall to ૬૫ 6 a barrel this year due to the recession. This calculation is very different from JP Morgan’s estimate. JPMorgan Chase had forecast crude to hit 50.

Fawad Razzakzada, a market analyst at Citi Index, said there were signs of declining demand amid concerns over the supply of crude oil, which has led to a fall in crude oil prices. More and more analysts believe that in the next few months, an economy like the US will see negative growth and eventually a recession.
In China, on the other hand, Kovid’s condition is out of control.

Mass testing of Kovid has started in nine districts of Shanghai. China is one of the world’s largest oil consumers and there are questions about whether there will be a recovery in demand. China has decided to impose lockdowns in some cities due to the escalation of Kovid cases on Sunday and Monday. There are other factors affecting the price of crude oil. Libya’s oil supply has been disrupted recently.

Offshore workers in Norway have gone on strike, disrupting oil and gas supplies. The strike is expected to reduce oil and gas output by 2,000 barrels a day. Saudi Arabia, the world’s largest oil exporter, has raised crude oil prices for August. But overall there is concern in the American market where a recession is likely to erupt next year.SSS2KP

.Source

Tags: ૧crudefearsfelloilpricesrecession
Chandler

Chandler

Related Posts

After Hariharanand Bharti arrived in Vadodara on April 30, he went missing under mysterious circumstances.

A village that was submerged years ago came to light

by Chandler
August 18, 2022
0

From churches to many pubs were present Drought in the United Kingdom has brought up a village that was submerged in water years ago New Delhi,When nature is kind to the world,...

People in Canada once again protest against the Kovid sanctions

Tourists were trapped by the lockdown in this Chinese city

by Chandler
August 17, 2022
0

Beijing, China's tourist hotspot Sanya city has reported fresh cases of Corona virus, the administration has become on high alert and has taken several measures to prevent the spread of the epidemic....

People in Canada once again protest against the Kovid sanctions

Former President Donald Trump’s FBI raid there

by Chandler
August 16, 2022
0

washington, Former US President Donald Trump has said that the FBI has raided and seized his Mar-e-Lago residence in Florida. It is said that this raid of the FBI is in search...

Gotbaya Rajapaksa seeks permission from Thailand to fly from Singapore to Bangkok

Gotbaya Rajapaksa seeks permission from Thailand to fly from Singapore to Bangkok

by Chandler
August 15, 2022
0

Bangkok, Former Sri Lankan President Gotabaya Rajapaksa has sought permission to enter Thailand. Gotbaya is currently in Singapore. He reached Singapore on July 14 via Maldives. Gotabaya Rajapaksa was forced to flee...

Wearing seat belts is illegal on Europe’s longest ice road

Wearing seat belts is illegal on Europe’s longest ice road

by Chandler
August 14, 2022
0

Determined is the speed of the car Europe's longest ice road is a frozen formation of the Baltic Sea, present on the coast of Hyuma Island. New Delhi,By now you must have...

This man broke the world record for eating the most chillies in one minute

This man broke the world record for eating the most chillies in one minute

by Chandler
August 13, 2022
0

New York, people get so crazy about making records, they don't think twice. One such case has been seen at present. A man has broken the world record for eating the most...

Next Post

How Age Doesn’t Matter In Regards To Running An Online Business

Popular News

After Hariharanand Bharti arrived in Vadodara on April 30, he went missing under mysterious circumstances.

A village that was submerged years ago came to light

14 hours ago
3 consecutive earthquake shocks in one hour in Nashik

3 consecutive earthquake shocks in one hour in Nashik

14 hours ago
Why did FIFA suspend the Indian National Football Federation?

Why did FIFA suspend the Indian National Football Federation?

14 hours ago
Samsung launched Galaxy Z Flip 4 and Galaxy Z Fold 4 in India

Samsung launched Galaxy Z Flip 4 and Galaxy Z Fold 4 in India

14 hours ago
People in Canada once again protest against the Kovid sanctions

Tourists were trapped by the lockdown in this Chinese city

2 days ago
President and PM pay tribute to Atal Bihari Vajpayee on his death anniversary

President and PM pay tribute to Atal Bihari Vajpayee on his death anniversary

2 days ago
Ban on Indian Football Federation .. Finally what happened?

Ban on Indian Football Federation .. Finally what happened?

2 days ago

Gift your sister Youth Health Insurance Plan ‘Care Plus’ this Rakshaband

2 days ago
Birmingham Times

All Rights Reserved © Birmingham Times - The Voice of UK

Important Links

  • Publish Your article
  • Editorial Policy
  • About Us
  • Contact
  • Advertise

Follow Us

No Result
View All Result
  • Home
  • Politics
  • UK News
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Health
  • Food

All Rights Reserved © Birmingham Times - The Voice of UK

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In