Tag Archives: Market

Economists and investment bankers believe a 10% increase in oil price could raise inflation by 0.2-0.3%.

The US decision sent oil futures surging Wednesday as traders digested the likely consequences.

Saudi Arabia is ready to offset any supply shortage but it will not act alone to fill the gap.

Experts believe that the US move would bring uncertainty to prices.

Iran is one of the world’s largest oil producing countries.

Experts say the fresh U.S. sanctions could affect Korean companies seeking to do business and invest in infrastructure and development projects in Iran.

Pressured by the dollar’s broad strength. the Aussie has slid despite an upbeat budget from the country’s government.

During the last round of sanctions. Iran'.s oil supplies fell by around 1 million barrels per day (bpd).

Ahead of official numbers. API data shows sizable declines in US crude inventories.

Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.