Friday, October 27, 2017

Brent Crude Hits Two-Year High

Oil is trading higher overseas with Brent crude up 0.2 per cent at $59.42 a barrel.

The international benchmark settled on Thursday in New York at a 27-month high of $59.30, up 1.5 per cent on the day.

Don't for a minute think that price inflation can't explode upward. It can, and it is very likely we are already in the early stages of the climb.


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