OPEC

Commodities costs more likely to drop in 2024, 2025 however shall be above pre-pandemic stage, says World Financial institution report

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Costs of commodities will doubtless decline marginally in 2024 and 2025 however they are going to stay 38 per cent above pre-pandemic ranges, the World Financial institution has stated in its newest Commodity Markets Outlook.  In all, disinflationary tailwinds from moderating commodity costs seem primarily over, it stated.  In contrast to costs for many different … Read more

Massive Story: Will Oil Hit $100 a Barrel?

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The Israel-Hamas struggle apart, crude oil costs are anyway going up as a consequence of supply-demand circumstances. That stated, the rally may hit a wall within the second half of calendar yr 2024. It is because by then, the struggle threat premium may wane and the worldwide progress issues would possibly come into play, weighing … Read more