Higher gas prices expected to nudge Canada’s inflation rate back near 3% in July, economists say
Gas prices soared to almost $1.97 a litre at some gas stations in Greater Sudbury, Ont. on Tuesday…
Where to Invest: 7 Safe-Havens As Hotter Inflation Hits US, SocGen Says
Hotter inflation is likely coming for the US. Luckily, there are a few places where investors can hide,…
Falling Oil Prices Could Fuel Inflation, Apollo’s Torsten Sløk Says
Oil prices are pulling back toward pre-war levels, but one economist doesn’t see the move as a reason…
UAE oil exports rebound to 85% of prewar levels despite Strait of Hormuz closure, IEA says
Oil exports from the UAE in early June recovered to reach nearly 85 per cent of prewar levels,…
JPMorgan Warns of ‘Silent Risk to Wealth’ From New Era of Inflation
A roller coaster ride of high inflation might be the new normal, JPMorgan says, and it could end…
Fuel prices rising in the US as costs stabilise in Australia
Fuel prices in the United States hit their highest levels in almost four years at the end of…
Trump Says He Expected Oil to Spike to $200. Here’s Why It Hasn’t.
Oil prices haven’t seen the dramatic surge that some warned about from the war in Iran. Loading audio…
Consumers are cutting back on spending amid higher risk of global recession
Melbourne butcher Raj Gurung is preparing for the worst. He is concerned by predictions that the global economy…
Why the oil price shock isn’t likely to reignite broad inflation in Canada
The recent surge in oil prices from the Middle East conflict is reminiscent of the period after the…
Middle East war drives Thai diesel price to new historic high
Pressuring six refineries to share profits is not easy The meeting lasted four hours and focused on discussions…
Hiltzik: All economic indicators are flashing red
What a difference a year makes. Last year at about this time, Elon Musk was boasting that his…
Forecasts predict lacklustre oil, higher Alberta gas prices in 2026
A pair of energy forecasts released Tuesday see lacklustre crude oil prices continuing this year amid a global…