Money Talks

Oil prices see-saw on global economic concerns


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Oil prices have risen for three consecutive sessions, despite a strong dollar and fears of a global recession are dampening oil demand. Global financial markets are also spooked by concerns over interest rate hikes and extended COVID-19 lockdowns in China that are suppressing demand in the world's second largest economy. Bitcoin has also fallen below a key support level of $34,000 following the sell-off in US stocks.
For more on global markets, Exinity Group chief market analyst Han Tan joined us from Abu Dhabi.
#OilPrices #GlobalMarkets #Bitcoin
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