Tag: interest rates

Don’t worry, we’re not running out of oil soon

The price of WTI oil is up from around $80 in August to $91.54, similarly brent crude oil is up from $84 to $95 last week.These sudden increases in the oil price are not great news for inflation in the short term…Energy and fuel are some of the greatest components of our inflation basket.If fuel prices rise, so do transport costs, food production costs, fertilizer costs…And when inflation rises – so do interest rates. But why are oil prices rising?

Read More
Loading

Recent Posts

Sign up for
MoneyMorning FREE
daily newsletter

Get the latest trading and investing recommendations straight to your inbox!

Privacy: We never share your email address You can unsubscribe at any time

Optimized by Optimole