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World News

Are oil prices screaming recession ahead?

Investing.com -- The bumpy ride for resembles a path previously paved with recession indicators including the COVID-19 pandemic and the Great Financial Crisis periods, but Morgan Stanley believes a recession is unlikely as U.S. economy…

Oil steadies following sharp weekly losses

Investing.com -- Oil prices steadied on Monday as traders eyed the impact of a possible hurricane off the US Gulf Coast and gauged the market reaction to last week's nonfarm payrolls report. By 10:14 ET (14:14 GMT), the contract had…