—Oil prices dipped into bear-market territory before recovering Tuesday amid jitters over the stability of the global economy. —Light, sweet crude for July delivery settled up 0.4% at $53.48 a barrel on the New York Mercantile Exchange, bouncing off a three-month low. Oil prices traded in a bear market earlier in the session, defined as a 20% pullback from recent highs.
Source: Wall Street Journal June 04, 2019 15:28 UTC