Tag Archives: Oil Price

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

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.

The U.S. move threatens Iran with lower export income and less access to hard currency.

Reasonable oil prices would ``encourage producers to keep supply while it would prevent global markets from plunging into instability.

World oil prices have increased after the trades held on Friday at the leading oil exchanges.

MENA countries need to create 25 million new jobs over the next five years.

The average price of Iranian light crude oil has been $65.39 a barrel. and the average of the Iranian heavy crude oil has been $63.88.

The World Bank forecast that metals prices are expected to rise 9 per cent in 2018 on the back of a pickup in demand and supply constraints.