World News@lemmy.worldEnglish · 1 year ago

Global inflation fears as oil price rises towards $100 a barrel

www.theguardian.com

cross-posted to:
worldnews@lemmit.online

238

Global inflation fears as oil price rises towards $100 a barrel

www.theguardian.com

alphacyberranger@sh.itjust.works to

World News@lemmy.worldEnglish · 1 year ago

cross-posted to:
worldnews@lemmit.online

Rise of 30% since June follows increasing demand in China and production cuts by Russia and Saudi Arabia

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Cheems@lemmy.world
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1 year ago
Yeah, but how are they supposed to keep record profits when their costs are so high. /s
- Mr_Magpie@lemmy.world
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  Don’t forget, next year they need to hit 104% the amount they did this year. Crank up the prices!
  - Cheems@lemmy.world
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    1 year ago
    Capitalism, working exactly as intended!

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