No it's because quickly rising interest rates might cause a recession, resulting in a reduction in fuel / oil demand.
I doubt there will be a large impact because natural gas is required for heating and a manufacturing feedstock for fertilisers, chemicals and pharmaceuticals.
Ann: Admission to trading on the London Stock Exchange, page-17
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$27.14 |
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Mkt cap ! $51.45B | |||
| Open | High | Low | Value | Volume |
| $26.80 | $27.27 | $26.80 | $68.70M | 2.540M |
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| No. | Vol. | Price($) |
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| 16 | 6981 | $27.13 |
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|---|---|---|
| $27.14 | 4393 | 33 |
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