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Reuters

Reuters

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Business & Economics

Oil dives 7% to lowest in over 3 years on China's tariffs

Reuters
Summary
Nutrition label

77% Informative

Global benchmark Brent futures settle at their lowest in over three years at $ 65.58 a barrel.

U.S. West Texas Intermediate crude futures lost $ 4.96 , or 7.4% , to end at $ 61.99 .

For the week , Brent was down 10.9% , its biggest weekly loss in percentage terms in a year and a half .

JPMorgan sees 60% chance of a global economic recession by year-end .

VR Score

88

Informative language

95

Neutral language

38

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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