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  2. Feb 16, 2022 · Oil prices are strongly influenced by the global economic outlook. Changes in supply and demand and geopolitical tensions cause price fluctuations. An orderly energy transition can protect against oil price spikes.

  3. Jan 9, 2024 · Oil prices are at their lowest in two years, with prices hovering around 2021 levels. As of Monday afternoon, the WTI price was around $71 US. Feds set aside $7B from Canada Growth Fund for...

  4. Mar 27, 2024 · Oil from Russia, the world’s third-largest producer, has continued to flow despite restrictions from the West, which in 2022 imposed a price cap of $60 per barrel on Russian exports of seaborne...

  5. Apr 17, 2024 · The most likely scenario, therefore, is that oil prices remain tolerable to the world economy, at somewhere in the region of $85-90 a barrel, while allowing OPEC members to earn juicy margins...

  6. Apr 8, 2024 · The risk is oil prices keep climbing, hurting consumer spending and undoing the meaningful progress on inflation. That could cause the Federal Reserve to delay interest rate cuts and spook...

  7. Feb 2, 2022 · Feb. 2, 2022. HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence. Crude prices rose more than 15 percent in...

  8. Nov 29, 2023 · Relatively controlled oil prices that aren't going to go significantly higher seem like good news for the global economy. But with everything that's happening in the world at the moment, are they going to stay at these levels? We should see oil prices stay around current levels.

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