Oil holds below USD 100 ahead of the Fed
I'm sure oil traders have their sights set on many of the same events this week, as they try to better grasp the economic threat facing the US and other countries around the world. A recession is the primary downside risk for crude prices and it's all that's keeping them below USD 100 in the short term.
A faster path of Fed tightening and disappointing earnings reports from the US this week could trigger further weakness in the oil market although I am sc
25-07-2022 08:59 GMT
by Craig Erlam
