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Higher Oil Prices Mean Less GDP
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
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Oil price surge threatens economic forecasts in Spain: risk of lower growth and higher inflation
If the price of crude oil does not return to around $65 per barrel, it will subtract tenths from the GDP and delay the ...
Dow Jones Today: Stocks Slip in Early Trading, Oil Prices Jump as Investors Focus on Israel-Iran Conflict
Stocks lost ground in early trading Tuesday, while oil prices moved higher, as investors monitored developments in the ...
What’s Fueling Oil Prices? Geopolitics, Not Growth
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Israel’s attacks on Iran are already hurting global oil prices, and the impact is set to worsen
Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...
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ANZ economist views oil price jump as a market reset, not a shock
Richard Yetsenga, Group Chief Economist at ANZ Research, shared his insights on oil, trade, and the geopolitical forces ...
Oil prices see sustained surge after Israel strikes Iran
US and Brent crude prices jumped on fears of supply disruption from the Middle East as Iran has repeatedly threatened to ...
Oil prices leap 7% and stocks fall on worries about what will happen to the crude market
That sent the yield on the 10-year Treasury up to 4.43% from 4.36% late Thursday. Higher yields can tug down on prices for ...
Oil Prices Waver After Israel Strikes Iran’s Energy Assets
U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming ...
Oil prices, freight rates may pinch economy
New West Asia conflict may impact India. Limited direct trade impact is expected. Higher oil prices are a major concern for ...