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If the price of crude oil does not return to around $65 per barrel, it will subtract tenths from the GDP and delay the ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
The Taiwan dollar, Thai baht, and Korean won were most at risk from higher oil prices, Barclays’ said adding that oil price shocks are unhelpful for largely oil-importing emerging Asia.
Tensions between Iran and Israel are adding to the global economic uncertainty which impacts international trade.
Imagine, Iran earns over $100 million daily from crude oil exports. On an annual basis, this amounts to nearly $40 billion.
"A sustained $10 increase in oil prices is expected to increase inflation by 0.4% and lower GDP by 0.4%": Apollo Global ...
Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...
Crude prices have been capped at the $72.00 level but remain 12% above May's range. Fears of escalating tensions between Israel and Iran are keeping downside attempts limited. Russia's Deputy Prime ...
When the conflict began on June 13, it led to a significant surge in oil prices. But come June 17, and all gains have been ...
While the crisis in the Middle East continues to instil uncertainty on trading floors as the two foes exchange deadly ...
Amid escalating tensions between Israel and Iran and the continued surge in global oil prices, the government is implementing ...
Fitch Ratings reported that the impact of the Israel-Iran conflict is manageable for Israel's current credit rating. It anticipates an oil price risk premium of $5-$10, with expectations that the ...