Articles on Oil price
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Resilient urban mobility can be created by giving people options that ensure they can still move around when a shock affects one form of transportation.
With the Strait of Hormuz still effectively closed, prices will likely stay high in the near term. But a weaker cartel could mean more competition in the future.
New Zealand’s electricity generation now accounts for only 5% of emissions, but oil use in transport is on the rise, outweighing the shift to electric vehicles.
The cumulative return on a typical KiwiSaver growth fund since 2007 is around 240%. That’s despite a global financial crisis, COVID, trade wars and inflation.
The last cut in the fuel excise cost $5 billion. A temporary tax on gas exports could provide more targeted relief for households.
The attack has come in the middle of talks between Washington and Tehran.
Turmoil in markets has added another layer of complexity to the outlook for interest rates.
Uganda needs to focus on production sharing, infrastructure development and export timing.
The Israel-Hamas war has had little effect on the price of oil so far because neither Israel nor the Gaza Strip produces much oil. If oil exporters got involved, things might change.
Inflation has hit 6.1%, and the rate of inflation on necessities is 7.6%. Bringing it down will require still higher interest rates and exquisite judgement in order to avoid a recession.
Many predicted Russia’s currency would just keep plunging, but it hasn’t.
Josh Frydenberg says halving the fuel excise will save a family with two cars $700. Our calculations show for most households it will be less.
Enormous price rises beyond Australia’s control are cutting our standard of living. Cutting it further by rising rates won’t help.
The shock waves from Russia’s invasion of Ukraine rippling through world energy, food and trade supply lines are profound, but not big enough to split the global economy
A prolonged Russian-Ukraine conflict will cause further economic troubles for Ghana.
Most of the emphasis has been on the threat to Europe’s gas needs, but if Russian crude oil is restricted, it will cause even greater problems.
Extreme weather is already having an influence on global food prices.
Crude is key to inflation. Here’s why has it been going up so much.
Gulf states have given women great education, but they are still very limited participants in the workplace.
While some stereotype Alberta as a “conservative” province, the bucking and swift horses that typify the Calgary Stampede speak to a more complex spirit of risk seen in local musicians.



















