#oil-prices-and-fuel-costs

#oil-prices-and-fuel-costs

The share of U.S. economic activity has increased in service industries that demand less energy, while sectors requiring large-scale energy resources have become more efficient.

KeyBanc's revised oil deck reflects a materially stronger crude environment than previously modeled, with dislocations in global crude and refined products expected to persist into summer.

Australia's economic insulation is no longer guaranteed by geography, as geopolitical unrest in the Middle East can swiftly impact its economy through international energy markets.

The market remains highly sensitive to developments in the Middle East, where elevated geopolitical tensions continue to expose energy infrastructure and shipping routes to significant risks. Supply conditions have already tightened, as production in parts of the region has been curtailed due to limited storage capacity and difficulties in exporting crude amid shipping constraints.

Higher inflation expectations will be meaningless if employers still hold the cards in wage setting and their customers retrench. The US labor market is too weak to support large price spikes, making fears over oil prices spiking inflation overblown.

It may be too late for Trump to negotiate from a position of strength with Iran. The conflict has raised the risk of a worldwide recession.

The United States - we produce more oil than we can consume. We're a net oil exporter," Wright said. This comment misses some important context. Some metrics show the U.S. as a net exporter, but for crude oil - the material that's refined into gasoline - the U.S. is a net importer.