Oil prices are sinking over 2% on Monday, with markets not getting a break after the turmoil at the end of last week.
Oil prices edge lower for a third straight day in a severe correction. Traders are running for the hills while recession fears emerge. The US Dollar Index trades sharply lower and enters a correction phase. The Japanese stock market performance was a sign on the wall with its worst performance since 1987, with the Nikkei index sliding over 12% lower.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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