Following the onset of the COVID-19 pandemic in early 2020, global supplies have experienced volatility in a manner that has never been seen before. Significant bottlenecks at major ports, persistent imbalances in inventory levels, and record high shipping costs contributed to soaring inflation and overall negative economic conditions around the world. While supply chain disruptions […]
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At the start of today, oil prices rose after recent losses in the previous two sessions. Brent Crude rose $0.61 to $101.30 a barrel and WTI rose $0.65 to $99.18 a barrel. “With Russian oil prices set to drop as the year progresses and it runs out of Western parts to maintain fields, and with […]
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Inflation has accelerated in March to 8.5% when compared with 2021. To no one’s surprise, this level of inflation was driven by spikes in both energy and food. Simultaneously as the global supply chain tightens, combined with lockdowns in China, the cost to move everything everywhere continues to increase. Additionally, for the first time since […]
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