Oil Prices Keep Rising: What's Next?

uk.investing.com/analysis/oil-prices-keep-rising-whats-next-200590378

By Daniela Hathorn | Sep 27, 2023 16:09

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The oil prices have been rising again after Russia imposed a temporary ban on diesel and gasoline exports. The country has been experiencing shortages because of disrupted supplies and economic strain related to the war in Ukraine.

Markets are discussing the possibility of the oil price reaching $100 for the first time in years, which could fuel inflation and potentially make the case for additional rate hikes.

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Central Banks

Interest Rates

Next Meeting

BOE

5.25%

Dec 14, 2023

ECB

4.50%

Dec 14, 2023

FED

5.50%

Dec 13, 2023

SNB

1.75%

Dec 14, 2023

RBA

4.35%

Dec 05, 2023

BOC

5.00%

Dec 06, 2023

RBNZ

5.50%

Feb 28, 2024

BOJ

-0.10%

Dec 19, 2023

CBR

15.00%

Dec 15, 2023

RBI

6.50%

Dec 08, 2023

PBOC

3.45%

BCB

12.25%

Dec 13, 2023

FTSE 100	7,512.96	-16.39	-0.22%
DAX	16,404.76	+7.24	+0.04%
Euro Stoxx 50	4,414.75	-3.76	-0.09%
S&P 500	4,569.78	-24.85	-0.54%
Nikkei 225	32,760.00	-471.27	-1.42%
Dow Jones	36,204.44	-41.06	-0.11%
FTSE 100 Futures	7,512.2	-6.9	-0.09%

Brent Oil	78.15	-0.07	-0.09%
Crude Oil WTI	73.22	+0.18	+0.25%
Gold	2,052.30	+10.10	+0.49%
Silver	24.880	-0.027	-0.11%
Copper	3.8320	+0.0070	+0.18%
London Cocoa	3,479.00	0.00	0.00%
London Wheat	185.25	+1.60	+0.87%

U.K. 10Y	4.2165	+0.0195	+0.46%
U.K. 5Y	4.2185	+0.0305	+0.73%
U.K. 2Y	4.6400	+0.0380	+0.83%
Germany 10Y	2.3425	-0.0075	-0.32%
U.S. 10Y	4.261	-0.028	-0.66%
U.S. 5Y	4.214	-0.024	-0.58%
U.S. 2Y	4.642	-0.016	-0.35%

Lloyds Banking	45.13	+0.64	+1.44%
Vodafone Group PLC	71.30	-0.37	-0.52%
Barclays	142.98	+0.62	+0.44%
BT Group	126.10	+2.45	+1.98%
HSBC	604.10	0.00	0.00%
BHP Group Ltd	2,434.00	-40.50	-1.64%
Exxon Mobil	102.45	-0.54	-0.52%

Oil Prices Keep Rising: What's Next?

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