By
admin
#2day, #article_normal, #barrel, #Bear, #Brent Crude Oil Continuous Contract, #Brent Crude Sep 2022, #BRN00, #BRNU22, #Business, #Business/Consumer Services, #C&E Exclusion Filter, #CL.1, #CL00, #CLQ22, #commodity, #commodity markets, #Commodity/Financial Market News, #consumer services, #Content Types, #Crude, #Crude Oil Aug 2022, #Crude Oil Continuous Contract, #Crude Oil Markets, #Crude Oil WTI (NYM $/bbl) Front Month, #Energy Markets, #Environment, #Environment/Waste Management, #Factiva Filters, #financial market news, #Heating Oil Aug 2022, #HOQ22, #market, #Natural Gas Aug 2022, #NGQ22, #Oil, #pushes, #RBOB Gasoline Aug 2022, #RBQ22, #rout, #steadies, #U.S, #waste management
Oil futures steadied Thursday after a two-day rout fueled by recession fears that sent the U.S. benchmark below $100 a barrel and into a bear market.
Rising fears of recession were blamed for sinking crude, which has joined the broader commodity complex in giving back a large chunk of the gains seen in 2022 after Russia’s invasion of Ukraine.
“Oil…
