Search Results for: brent

Global GDP and Brent Crude Oil Price High oil prices can cause recessions. Image: MarketWatch

Eurozone Inflation and Brent Oil Prices This interesting chart shows the direct effect of brent oil prices (YoY % change) on euro area inflation. Image: Jeroen Blokland

WTI Price and Brent Price vs. Oil Inventory Oil inventories suggest that the price of oil is currently fairly priced. Image: Pictet Wealth Management

Brent Price vs. 10-Year Treasury Bond Yield vs. S&P 500 This chart shows that oil prices are a good indicator of global economic growth and investors are concerned about a global economic slowdown. Image: Pictet Wealth Management

Effect of a 10% Increase in Oil Prices on Inflation A 10% rise in crude oil prices would add modestly to headline inflation over the year. But if higher prices persist, the inflation effect would linger and growth would take a bigger hit. Image: Goldman Sachs Global Investment Research

WTI Oil Prices While oil prices remain highly sensitive to geopolitical risks, particularly in regions like the Middle East, the market has so far avoided the kind of sustained shock that would trigger broader inflation. Image: Deutsche Bank

Commodities – Commodity Prices In a non-recessionary environment, lower U.S. interest rates can lead to an increase in commodity prices, particularly metals, gold, and brent crude oil. Image: Goldman Sachs Global Investment Research

Oil and Gas – Commodity Price Forecasts BofA expects Brent crude oil prices to reach $100/bbl in September 2022. Image: BofA Global Research

Forecasts for Cumulative Total Oil Stock Builds by Region The Goldman Sachs forecast remains unchanged for Brent at $65/bbl by 3Q 2021. Image: Goldman Sachs Global Investment Research

Global Oil Consumption as a % of GDP and Global Recessions Chart suggesting that Brent crude prices need to exceed US$117 to push the global economy into recession. Image: Financial Times