Image: IndexBoxCrude Above $100 Exposes Asia to Twin Price and Supply Shock - News and Statistics - IndexBox
• Crude oil prices exceeding $100 per barrel are creating a simultaneous price and supply shock across Asia. • Middle East output is falling, leading analysts to warn of lasting demand destruction as fuel demand drops and inflation rises. • High costs may force companies to improve efficiency and push consumers toward electric vehicles or altered travel habits.
indexbox.io