Oil futures fell Tuesday, extending the previous session’s decline after the collapse of California’s Silicon Valley Bank on Friday stirred worries of a U.S. regional banking crisis and a potential hit to economic growth.
Price action
Market drivers
Crude fell sharply Monday, while equities saw a choppy session that saw major U.S. indexes end mostly lower. Oil was extending its decline Tuesday as stock-index futures pointed to a bounce for Wall Street.
“Looking…
