Recession angst vs scarcity fears: Where are crude oil prices headed?

Recession fears seem to dampen the market mood, which is in increasing contrast to the previous weeks dominated by supply concerns. The sentiment setback is not one of swelling pessimism but rather ebbing optimism. While the global economy looks set to leave inflation and rate scares with bruises and scratches, we do not see business activities meaningfully derailed from the ongoing turbulence

Recession angst vs scarcity fears: Where are crude oil prices headed?
Recession fears seem to dampen the market mood, which is in increasing contrast to the previous weeks dominated by supply concerns. The sentiment setback is not one of swelling pessimism but rather ebbing optimism. While the global economy looks set to leave inflation and rate scares with bruises and scratches, we do not see business activities meaningfully derailed from the ongoing turbulence