J.P. Morgan Global Research has downgraded the Philippines to “underweight” and ranked it last in the order of preference in ASEAN in its equity investment strategy immediately after the conclusion of national and local elections. In its ASEAN Equity Strategy released on May 9, 2022, J.P. Morgan al
Oil prices could spike to $150 per barrel, especially if the situation with Russian oil supply worsens amid sanctions from the West and self-sanctioning from buyers
The IEA warned this week that oil markets could face the largest supply shock in decades as the market could lose around 3 million bpd of supply from Russia