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Economists in the BMR/Unisa Economist of the Year Competition are sharply divided about oil prices – but project lead finds reason for optimism.
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The Fed raised its policy rate by 25 basis points to 3.75%–4%, its first increase in three years, and projected another hike this year
Oil prices fell in early trade on Thursday, extending the previous day's losses, as reports that Saudi Arabia is offering extra crude cargoes through Oman eased fears of supply disruptions in the Middle East.
Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
