Brent$88.21(≈RM361)▼ -2.22%WTI$84.44(≈RM345)▼ -0.37%Nat Gas$2.73(≈RM11)▲ +1.49%Bunker$814.50(≈RM3,331)Tapis$86.75(≈RM355)JKM LNG$21.43(≈RM88)▲ +0.52%MGO$1213.50(≈RM4,963)EU Carbon€81.73(≈RM380)TTF Gas€60.35(≈RM281)▼ -2.08%Diesel$4.36(≈RM18)▲ +0.69%Coal$130.60(≈RM534)USD/MYR4.0895US Rigs551▲ +7 M/MRON95RM3.82(≈US$0.93)▲ +5.52% W/WRON97RM4.40(≈US$1.08)▲ +4.76% W/WDieselRM4.62(≈US$1.13)▲ +4.52% W/W
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Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

The world isn't just staring down another weather event. It's staring down a weather event colliding with a supply-driven oil shock. JPMorgan warned Friday that a "super" El Niño combined with higher energy prices from the Middle East conflict could slow the decline in global inflation next year, adding roughly 0.3 percentage points to headline…

Original report: OilPrice.com ·

Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

This is a curated industry news brief from the MarineCraft News Desk. Read the original coverage at the source.

Read the full story at OilPrice.com →

Source: OilPrice.com