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Oil prices push higher as Russia orders output cuts, Goldman issues bullish view

Oil prices push higher as Russia orders output cuts, Goldman issues bullish view
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Global fuel prices are surging with supply risks ahead | Jack Wittels, Elizabeth Low and Josyana Joshua

Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue. Increases in the two most-consumed fuels are outpacing those for crude oil…

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Surging Gasoline Prices Add Inflation Risk in US Election Year

(Bloomberg) Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapChina Has Never Canceled This Many Shipments of US WheatTech CEOs Are Addicted to Taking Needless Risk

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Surging Gasoline Prices Add Inflation Risk in USA Election Year

U.S. gasoline futures have jumped sharply in recent weeks.

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Global Fuel Prices Are Surging With Supply Risks Ahead

(Bloomberg) Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Many Ship

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