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Closeup of woman hand holding a fuel pump at a station.

BMO, RBC: broad commodity price decline points to easing inflationary pressure

Inflation written newspaper

Surging food and energy prices drive inflation to new heights

oil pump

With Brent at more than $US100 per barrel, high oil prices may persist for some time

Inflation written newspaper

Prices up nearly 29% year-over-year for edible fats and oils; air transport up 6.4% month-over-month

oil pump

Recession fears and geopolitical tensions among the factors that could drag down the price of crude

  • By: IE Staff
  • July 19, 2022 July 19, 2022
  • 14:13
Oil well with the pump jack in action. Alberta

EU's new curbs on Russian oil to dent global supply

Oil pump jacks at sunset sky background.

The decision increases the pace of restoring cuts made during the pandemic

stock market world economy abstract

Countries in the Middle East and Africa face unrest amid rising food, energy costs

Oil pump jacks at sunset sky background.

The cautious approach will exasperate a global energy crunch

oil pump

RBC says government may have to accept short-term rise in oil production