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Dan Yergin on oil prices falling despite tight supply, Russia tensions

Dan Yergin on oil prices falling despite tight supply, Russia tensions

Energy expert Dan Yergin said there are two reasons why oil prices have dropped in the past month despite a market that is still tight: the Fed and Russia’s war in Ukraine. Oil prices had been increasing since last year, spiking to highs after Russia launched an unprovoked war on Ukraine. But since the end …

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S&P 500 could plunge another 20% as recession risks rise: Morgan Stanley

S&P 500 could plunge another 20% as recession risks rise: Morgan Stanley

Former Council of Economics Advisers Chairman Kevin Hassett discusses Fed Chair Powell’s testimony on Capitol Hill, Biden blaming Putin for price hikes, oil executives meeting at the White House and recession risk in the US The S&P 500 has gotten crushed in a widespread sell-off this month, and the benchmark index is likely to tumble …

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