Brent Crude Drops Below $90 On Recession Fears

WTI crude has fallen back to pre-OPEC cut announcement levels, with Brent crude falling back below $90 per barrel on global recession fears.Chart of the WeekU.S. to Confront Higher Power Prices  - Electricity prices along the Atlantic coast of the United States are set to increase 50-60% year-on-year as gas supplies become squeezed to meet winter heating and generation needs. - Whilst New England on-peak power prices have averaged slightly below $80/MWh in September, forward electricity prices for December 2022 have been trending…