
Oil Prices Dip 10% with US Benchmark Dropping below $100 amid Recession Fears
As oil prices tumbled yesterday, the US oil benchmark West Texas Intermediate (WTI) crude was at 8.24% or $8.93, less at $99.50 per barrel.
As oil prices tumbled yesterday, the US oil benchmark West Texas Intermediate (WTI) crude was at 8.24% or $8.93, less at $99.50 per barrel.
Stock futures in the US fell by over 1% on the heels of a significant losing week for Wall Street. Global stocks also plunged.
In addition to Bitcoin futures trading, B3 will also launch Ethereum futures.
US stock futures saw their leading indexes advance even as the S&P 500 sits just 2% off impending bear market territory.
This is the first-of-its-kind ETF in the electric vehicle market that focuses exclusively on the metals used in the EV ecosystem.
Bitcoin is showing signs of bounceback after a strong correction earlier this week. However, analysts predict that the chances of Bitcoin going lower could be higher from here.
The US stock market tries to remain upbeat as fears of recession once again take the center stage. All eyes on the FOMC meeting ahead this week on Wednesday.
As a more direct way to sanction Russia, European Union leaders are looking at boycotting Russian crude oil and gas supplies.
The US stock indices registered strong gains last week with the Nasdaq gaining the most as tech and growth stocks seeing a strong bounceback. The market seems to have already priced the Fed hikes beforehand.
The CEO of LMAX David Mercer noted the significance of the new development to the crypto space.
The latest commodity trading prices for oil, natural gas, gold, silver, wheat, corn and more on the U.S. commodities & futures market.