Why is the world more worried about oil than before? Or is it the dynamics of a more interconnected world? π€
To get some answers let us compare the macro dynamics of the earlier #oilprice era with the situation now. Read π
https://www.moneycontrol.com/news/business/markets/lingering-effects-of-elevated-crude-prices-likely-to-continue-even-if-political-crisis-simmers-down-8280661.html?utm_source=telegram&utm_medium=social
To get some answers let us compare the macro dynamics of the earlier #oilprice era with the situation now. Read π
https://www.moneycontrol.com/news/business/markets/lingering-effects-of-elevated-crude-prices-likely-to-continue-even-if-political-crisis-simmers-down-8280661.html?utm_source=telegram&utm_medium=social
Moneycontrol
Lingering effects of elevated crude prices likely to continue, even if political crisis simmers down
First, the earlier high oil prices (in 2011-2014) were more of a demand side issue. Now it is more of a supply side problem. The earlier periods of high oil did not witness a geo-political shock but saw rising demand after the 2008 financial crisis.
#FoodSecurity crisis, #OilPrice fluctuations and precarious #market positions amid the #RussiaUkraineWar & Chinaβs lockdown are ringing warning bells, and experts expect #stagflation to #recession.
Is recession probable? π€ Jocelyn Fernandes finds out β¬
https://www.moneycontrol.com/news/business/economy/chances-of-us-recession-not-really-strong-but-stagflation-stalks-8542781.html?utm_source=telegram&utm_medium=social
Is recession probable? π€ Jocelyn Fernandes finds out β¬
https://www.moneycontrol.com/news/business/economy/chances-of-us-recession-not-really-strong-but-stagflation-stalks-8542781.html?utm_source=telegram&utm_medium=social
Moneycontrol
Chances of US recession not really strong but stagflation stalks
The current food security crisis, oil price fluctuations and precarious market positions amid the Russia-Ukraine war and Chinaβs sustained lockdown are ringing warning bells
#OilPrice | A price cap β generally established by governments β is implemented to regulate the price of goods or services by limiting or setting its maximum price.
Where does India stand? ππ»
https://bit.ly/3G4I2s2
Where does India stand? ππ»
https://bit.ly/3G4I2s2
Moneycontrol
Price cap on Russian oil: What stand will India take?
The G7 plans to impose a price cap on Russian oil from December to prevent Moscow from enjoying the benefits of high oil prices in the wake of a war it had started. However, India and China are unlikely to back the cap.