Saxo Bank latest

Economies with high income elasticity of demand also have high price elasticities, suggesting oil may be capped at $80/b. (Shutterstock)
April 25th, 2018 - 08:15 GMT

Oil Is on the Boil Again as Price Tops $75 a Barrel

Supported by Opec-led production cuts, strong demand and the prospect of renewed US sanctions on Iran, oil rose above $75 a barrel on Tuesday and is poised to hit $80 with demand growth predicted to go higher.
Read more