Oil prices were briefly down 15% in just 24 hours. When oil ...

Fed raises interest rates for 10th time since 2022

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ecommerceshares joined discussion · May 4, 2023 04:30

Oil prices were briefly down 15% in just 24 hours.
When oil markets trade like this, it generally means something is wrong.
Multiple parts of the market are now worried about the banking crisis.

$United States Oil Fund LP(USO.US)$ $W&T Offshore(WTI.US)$ $Occidental Petroleum(OXY.US)$ $Exxon Mobil(XOM.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $SPDR S&P 500 ETF(SPY.US)$

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ecommerceshares

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