Oil prices topped US$100 a barrel for the first time since Russia's invasion of Ukraine as fears of prolonged Middle East supply disruptions rose. The jump to $100+ increases upside inflation risk, complicates central bank policy decisions and raises costs for consumers and businesses, creating downside pressure on growth.
Oil prices topped US$100 a barrel for the first time since Russia's invasion of Ukraine as fears of prolonged Middle East supply disruptions rose. The jump to $100+ increases upside inflation risk, complicates central bank policy decisions and raises costs for consumers and businesses, creating downside pressure on growth.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35
