Home » Economy » Oil cartel leader warns of prolonged high prices

Oil cartel leader warns of prolonged high prices

2023-10-02 23:02:41

Brent crude, a benchmark for prices, breached $95 a barrel on Tuesday amid predictions of shorter supplies, with fears the price may breach $100 per barrel. The rise prompted a warning to drivers that fuel prices might rise in the coming 10 months, and stoked fears that inflation in key economies might be prolonged.

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