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+--- Thread: Oil slumps nearly 5% to lowest in more than a year as banking fears mount (/Thread-Oil-slumps-nearly-5-to-lowest-in-more-than-a-year-as-banking-fears-mount)
Oil slumps nearly 5% to lowest in more than a year as banking fears mount - Levin - 16-03-2023
https://www.reuters.com/markets/commodities/oil-prices-bounce-back-helped-by-stronger-opec-outlook-china-2023-03-15/
RE: Oil slumps nearly 5% to lowest in more than a year as banking fears mount - sgbuffett - 16-03-2023
Oil is slumping not because of bank crisis but the recession in US that is coming.
Every recession oil falls by more than 50%.
I wouldn't sit around and wait to be hit by this.