Article

2019-03-29 Economy

Oil set for biggest quarterly rise since 2009 amid OPEC cuts, U.S. sanctions

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Posted by Besoeker 2019-03-29 05:58|| || Front Page|| [4 views ] Top

#1 although this is probably OK in the long run (as it encourages more production in the US), in the short run the increase in the cost of oil is holding the GDP growth down

probably took 0.5% off the last two Qs of 2018 and will take a similar bite off 1st Q 2019

Posted by lord garth 2019-03-29 08:06|| 2019-03-29 08:06|| Front Page Top

#2 I trust it causes more troubles than that for the oil ticks.

Posted by Bobby 2019-03-29 11:48|| 2019-03-29 11:48|| Front Page Top

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