The International Energy Agency says oil producers will have to be patient, because prices won't climb at all this year. Next year they're expected to head uphill, but only gradually.
The Indian rupee has turned out to be Asia's worst-performing currency this year as the nation's economy struggles with rising oil prices, a widening current account deficit and broader emerging market concerns.
Donald Trump's pledge that the US "won't put up with high oil prices for much longer" has led to speculation about how he may try to force OPEC's hand. Skepticism abounds over whether the price of gasoline will fall.
Ten years on from the collapse of Lehman Brothers, campaigners are demanding we finally learn the lessons of the global economic crisis — before climate change precipitates the next one.
Global oil prices fell after the US-led airstrikes in Syria at the weekend, having spiked last week on fears Middle East tensions might escalate. Eyes now turn to how Syria's key sponsors, Russia and Iran, react.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version