IMF Warns Of Potential Global Recession Amid High Oil Prices
The International Monetary Fund (IMF) has cut its economic outlook for the world economy and warned it could…
JPMorgan Flags Oil Shock as New Inflation Driver
The war in the Middle East that has caused an oil and gas shock will have far-reaching effects…
IEA Urges Working From Home and Cutting Air Travel to Ease Oil Supply Shock
Amid the biggest oil supply shock in history, the International Energy Agency (IEA) on Friday called on governments…
The Economy Just Shed 92,000 Jobs as Oil Prices Surge and Inflation Creeps Up. History Says the Stock Market Will Do This Next.
Since the 1970s, major oil shocks — sudden, drastic increases in oil prices driven by geopolitical supply disruptions…
‘Three in a row’: Bank’s rate grim prediction
The price of oil plunged overnight on the hope that world leaders would release reserves. Picture: NewsWire /…
Oil Shock Lifts EIA Price Outlook as Hormuz Crisis Reshapes Forecast
The U.S. Energy Information Administration sharply revised its oil price outlook in its latest Short-Term Energy Outlook (STEO)…
Oil Shock Spreads Through Global Economy
Brent crude and WTI are once again above $100 and likely to stay there longer than those involved…