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  1. How does the war in Ukraine affect oil prices?

    Mar 4, 2022 · Russia's invasion of Ukraine inflated oil prices even further to well over $110 per barrel. We outline the impact on oil prices and the energy transition.

  2. Why oil prices matter to the global economy - an expert explains ...

    Feb 16, 2022 · What affects oil prices and how do fluctuations impact the wider economy? We discuss rising inflation, post-pandemic economic recovery and the energy transition.

  3. What are OPEC and OPEC+? How do they influence oil prices?

    Nov 11, 2022 · OPEC's 13 member states hold over 80% of the world’s proven oil reserves. It aims to regulate oil prices by either reducing or increasing production.

  4. 155 years of oil prices - in one chart | World Economic Forum

    Dec 22, 2016 · The Goldman team also included a chart showing the 150-plus year timeline of oil prices (in 2014 US dollars) and related historical events. For example, prices rose in 1895 …

  5. What’s behind the drop in oil price? | World Economic Forum

    Mar 2, 2016 · The stunning drop in oil prices, from a peak of $115 per barrel in June 2014 to under $35 at the end of February 2016, has been one of the most important global …

  6. What caused the big fall in oil prices? | World Economic Forum

    Feb 25, 2015 · After a period of relative stability, the Brent price of crude oil – commonly considered a proxy for the global price of oil – recently experienced a sustained decline that …

  7. Three reasons for the oil price drop | World Economic Forum

    Feb 27, 2015 · The oil price drop was a prolonged bubble that kept oil prices high for three and a half years. It was kept inflated by projections of high future demand in emerging markets and …

  8. U.S. oil prices have fallen below $0 a barrel. What does this mean ...

    Apr 21, 2020 · The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut as the …

  9. What is the impact of low oil prices on inflation expectations?

    Sep 17, 2015 · The sharp decline in oil prices starting in late 2014 sparked a debate about their effect on inflation and the world economy (e.g. World Bank 2015). The decline in oil prices …

  10. Why are oil prices so low? | World Economic Forum

    May 3, 2016 · With lower oil prices, many new oil projects are being cancelled or postponed, which is likely to reduce some of the over-production as older and more expensive projects …