Oil Prices Rising to $140 Would Mean a Recession in the Next 12 Months
"We still believe $140/barrel is the level to watch as a recession indicator," DataTrek's Nicholas Colas said.
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"We still believe $140/barrel is the level to watch as a recession indicator," DataTrek's Nicholas Colas said.
Climate policies won't curb supply or demand, said Anas Alhajji, a 32-year veteran in energy markets.
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Crude fell towards $100 a barrel as rising Chinese COVID cases threatened the demand outlook.
Here's a look at the energy trade between Europe and Russia after the EU banned coal, but stopped short of an embargo on oil and gas for now.