
Business Mar 4, 2022
Want lower oil prices? First you need higher ones
Global benchmark Brent and U.S. crude futures have soared over 15% to around 10- and 14-year highs, respectively, since Russia invaded neighboring Ukraine last week
For Stephanie Kelly's latest contributions to The Japan Times, see below:
Global benchmark Brent and U.S. crude futures have soared over 15% to around 10- and 14-year highs, respectively, since Russia invaded neighboring Ukraine last week
Gasoline and diesel use surged this year as consumers resumed travel and business activity picked up, despite efforts to mitigate climate change.