Oil futures finished lower Thursday as concerns over production disruptions from Hurricane Ian eased, but prices held ground above $80 a barrel following a 4.7% gain in the previous session. “The overall dynamic for crude remains largely unchanged,” said Robbie Fraser, global research and analytics manager at Schneider Electric. “Recession fears continue to weigh on demand prospects looking forward, which has been reinforced by accelerated by aggressive rate increases by the U.S. Federal Reserve and other central banks.” November WTI crude CLX22,
DE 40 forecast: the index may enter a sideways range
The downtrend in the DE 40 stock index still dominates, but a sideways range is likely to form in the short term. The DE 40