Crude oil price on slippery slide
Oil prices fell by more than 15% to the maximum from the beginning of this month
But as usual, and due to market mechanics, this decline was not felt in the bombs.
The price of West Texas Intermediate (WTI) oil
the benchmark for North American oil - has fallen from a peak in
2022 from more than $ 123 a barrel to $ 104 a barrel.
"If the US and the rest of the world go into recession,
you could affect demand," Andrew Lipow, an oil consultant from Houston