October 6, 2021/CSL Research In the past week, the crude oil market has continued to gain momentum, as both Brent and West Texas Intermediate recorded an average of 5.1% rise in benchmark prices to US$82.52 and US$78.84 per barrel, respectively. The spike in prices has fed off so many factors, […]

October 6, 2021/Coronation Research Last week, Brent Oil briefly hit USD80/b rising by 43% when compared with USD55.9/b recorded at end-Jan 2021. This is also the highest level since October ’18. Oil prices have been rising as a result of supply disruptions and recovering demand due to the opening of […]

Image Credit: IMFBlog October 6, 2021/IMFBlog By Francesca Caselli and Prachi Mishra A key question is what combination of events could cause persistently faster price gains. The economic recovery has fueled a rapid acceleration in inflation this year for advanced and emerging market economies, driven by firming demand, supply shortages, and rapidly rising […]