Oil falls 6% to a four-week low due to recession and a strong currency
Brent futures fell $6.69, or 5.6%, to settle at $113.12 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $8.03, or 6.8%, to $109.56. It was the lowest close for Brent since May 20 and the lowest for WTI since May 12. There will be no U.S. trading on Monday due to the Juneteenth … Read more