' In the Know, Ahead of Markets, Deciding Wisely...'
EDITOR'S COMMENTS
Oil prices have settled in to take a breather but it may not last long as demand remains strong while there are no significant supply additions on the horizon. Oil prices per se may not have a significant impact on inflation- but don't be fooled as energy costs affect everything in the economy and its supply chains. (transportation, plastics, fertilzers, pharmaceuticals, and so on.)
At the same time, other agricultural and mineral prices are rising due to shortages - creating a perfect storm of factors that could cause a jump in inflation to 7.5% or more. Consumers are already under stress as more than 60% are having a hard time making ends meet.
The road ahead looks pretty bumpy, to say the least
- Analysis: After oil, gas and coal, global fuel shortage spreads to diesel
- JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
- Iraq may import Qatari gas in 15 months if talks, infrastructure finalized
- Guyana’s Oil Production To Increase Three-Fold Next Month
- India’s Crude Demand Is Rising Despite High Oil Prices
- US inflation might have hit a new 40-year high in January
- $90 Oil Offers The Best-Ever Economics For U.S. Shale
- New Breakthrough Could Speed Up Nuclear Fusion Development
No comments:
Post a Comment