BUSINESS

A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019.

Oil Jumps On Soft Dollar And Supply Jitters

Oil prices extended gains on Monday, boosted by a weaker dollar and tight supplies as concerns over gas supply from Russia mounted, offsetting demand fears brought on by a possible recession and China lockdowns.
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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Recession Fears Loom Over U.S. Value Stocks

Fears of a potential economic slowdown are clouding the outlook for value stocks, which have outperformed broader indexes this year in the face of surging inflation and rising interest rates.

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