Oil prices tanked today as recession fears were front and center. Brent fell as much as 9.5% followed by nat gas, refined products, and equities. “We’re getting creamed and the only way you can explain that away is fear of recession,” said Robert Yawger, director of energy futures at Mizuho. “You’re feeling the pressure.” The euro tumbled to a two-decade low as data showed business growth across the eurozone slowed further last month, with forward-looking indicators suggesting the region could slip into decline this quarter as the cost of living crisis keeps consumers wary. WTI traded down $8.93 or -8.23% to close at $99.50. Brent traded down $10.73 or -9.45% to close at $102.77.