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You Searched For "oil prices inflation" and got 18 results


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1 min read

An oil trader is reportedly betting crude prices will soar more than 200% amid the inflation spike and energy crunch

Oil prices have already surged by more than 60% this year, and are now trading above $80 a barrel.

Carla Mozée   


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2 mins read

India’s low inflation party might be over as the world braces for a crude price spike

India has been enjoying low consumer price inflation which has been falling every month, to 3.…

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2 mins read

Oil has plunged below $100 as recession fears spike. This is what happens next, according to top Wall Street analysts.

One analyst said oil prices could drop to $55 a barrel by Christmas. But many said nothing has chan…

Harry Robertson   


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3 mins read

Gas prices have been falling for a month, but they could be falling faster. Blame Big Oil for not getting them back to normal sooner.

Companies are hesitant to lower prices at the pump too much even though the average price for a gal…

Ben Winck,Madison Hoff   


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1 min read

Petrol And Diesel Prices Likely To Be Cut Down By Rs 2.50 Per Litre Today; Petrol Price To Have 6th Successive Cut

The current price of petrol is Rs 66.65 per litre in Delhi and Rs 74.46 per litre in Mumbai. This p…

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2 mins read

The average US gas price leaps above $4 per gallon for the first time since 2008

Gas hit an average of $4.065 per gallon on Monday, according to AAA. That's up nearly 13% from leve…

Ben Winck   


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2 mins read

Eurozone inflation rocketed to its highest ever level in November as energy prices sent the cost of living soaring

Inflation in the 19-member eurozone came in at 4.9%, well above analysts' expectations, adding to p…

Harry Robertson   


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4 mins read

2 wild charts show how Big Oil profits are skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the se…

Ben Winck,Madison Hoff   


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2 mins read

The US oil supply unexpectedly plummeted last week — and it could keep gas prices high for longer

Economists expected the US oil inventory to creep higher last week. It dropped by 2.5 million barre…

Ben Winck   


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1 min read

Consumer Price Inflation Reduced In September Due To Decrease In Crude Oil Prices: Reuters Poll

As per a poll of 28 economists, CPI in September was predicted to have increased by 7.2% as compare…

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4 mins read

People are worried that labor strife, oil shocks, and the Fed could lead to an economic disaster - here's why they shouldn't

Today, however, the boom in US oil production means that a spike in prices is mostly a wash in the …

Neil Dutta   


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1 min read

Here Comes UK Inflation...

Unlike the European Central Bank, the Bank of England seems relatively confident in its ability to …

Mike Bird   


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2 mins read

The IEA's 10-point plan to cut oil demand amid supply shock from Russia's war includes reducing speed limits and car-free Sundays

"Emergency measures can quickly cut global oil demand by 2.7 million barrels a day," the IEA said a…

Carla Mozée   


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1 min read

Fed researchers are asking if this chart means the market thinks oil prices will stay low forever

While oil prices can pass through and affect other prices, the almost one-to-one movements in the t…

Myles Udland   


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3 mins read

Europe wants to ban Russian oil, but cutting off supplies is an economic and political nightmare

The European Union is finally seriously considering banning Russian oil, but the costs are likely t…

Harry Robertson   


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1 min read

Rising oil prices are knocking the rupee down ⁠— and that will push up inflation further

The US had called the strikes in response to a rocket attack days earlier that had killed an Am…

PTI   


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2 mins read

Here's why the 30% surge in oil prices won't derail the economy or consumer, according to Goldman Sachs

Higher oil prices could be offset by a decline in electric utility bills during the fall months, as…

Matthew Fox   


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1 min read

CHART OF THE DAY: US crude oil tops $90 a barrel for the first time in 10 months

The steady grind higher for oil prices will put upside pressure on inflation, and that could force …

Matthew Fox