oil-refinery-business

Since the oil slump earlier this year, Brent crude futures have risen 45%, reports Reuters.

So, the outlet predicts,  “the next challenge for financial markets and policymakers may not be deflation, but [actually] the remarkable surge in oil prices.”

That’s because a rise in prices could boost inflation next year and, as a result, affect monetary policies globally. Read more.

Originally published on Advisor.ca

Add a comment

You must be logged in to comment.

Register on Advisor.ca