Inside Economics: Flying blind on oil shock fallout, how will RBNZ respond … plus our R&D dilemma
The war started on the last day of February. So its impact will be buried in the first-quarter…
Top Brussels official urges Europeans to work from home and drive less – POLITICO
“The more you can do to save oil, especially diesel, especially jet fuel, the better we are off,”…
Impact of Middle East war hits Korea’s medical sector
Oil-linked supply crunch drives up prices of medical consumables, adding pressure on deficit-hit hospitals A medical syringe and…
Bank of Japan rushes to pave way for rate hikes amid rising oil prices, weak yen
Bank of Japan April increase seen as likely after March meeting opinions, studies The market anticipates a 70%…
The oil shock has completely reshaped Australia’s petrol price cycle
Australian petrol prices tend to follow predictable cycles, but they’ve all gone out the window in recent weeks.…
Brussels says Europeans should consider traveling less to avoid energy shortages – POLITICO
That could mean governments asking citizens to drive or fly less to save fuel for more essential purposes,…
New Zealand’s oil consumption is at a 5-year high – Robert McLachlan
The previous Government had committed to a comprehensive strategy to transition to a renewable energy system in New…
Goldman raises recession odds to 30% on higher inflation, lower GDP outlook as oil prices surge
Goldman Sachs is sounding a cautious note on the U.S. economy, raising its inflation forecast and trimming its…
Middle East War Reignites the Energy Transition
The worst oil and gas supply shock in history has exposed the vulnerability of dependence on fossil fuel…
Russia Drops Budget Cut Plans as Oil Price Surge Boosts Revenues – Bloomberg
The Russian government has dropped plans to cut budget spending as surging crude prices and eased sanctions amid the…
Trump officials tout U.S. energy dominance as global oil executives warn of supply crisis
HOUSTON – U.S. officials this week said the historic spike in fuel prices during the war in Iran…
Iran war: What six incoming oil tankers mean for New Zealand’s fuel supply
While transmitting data does not break down the type of fuel carried – petrol, avgas or diesel –…