Oil Falls 5% On Growing Inflation Fears

Oil Falls 5% On Growing Inflation Fears

OilPrice.com

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Crude prices fell more than 5% on Tuesday afternoon as a result of inflation fears and concerns about demand returned. Chart of the Week Can Germany’s Industry Withstand the Pressure? - With the euro zone already in recession territory and most governments mulling the possibility of blackouts, the economic prospects of Germany are worsening by the day amid plunging German stocks.  - Germany’s largest gas importer Uniper (ETR:UN01) requested an additional €4 billion of bailout money from the German government, having already…

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