I am surprised,Brent Petrol Prices are still rising;reasons can be like that....
1-)USA and Russia have a deal for hiking prices of Brent Petrol.
2-)By this step,Russia accepts sanctions for Venezuela.
According to Reuters,Gazprom freezes accounts of Venezuela Government.
It is link of the this news,you can read it.
In terms of these happenings,we can tell President Trump and Putin have a deal for Venezuela.Yesterday,President Trump had a meeting about Venezuela,tone of his speech was not soft.
WHAT IT DOES MEAN FOR ECONOMY?
In case of hiking of Brent Petrol Prices,USA inflation will move to %2 point.FED decision will be critic.In last meeting,if you look at explanations.
FOMC members point low price of Brent Petrol will not hike inflation,and we can be patient.
Now,
Brent Petrol price is $ 67.We will see $ 80 in a short term,having current deficit countries by energy have big problems.
Brexit can be hard.
OR
It can be a tactic. They will have a peace.
And,Iran foreign affair minister tells we are ready for fight against Israel.Ons gold prices are not slow,it can be hectic.
In big stock markets,some portfolios have losting of value.
We have so fast days from economy to global warming,technology,I mean directly or indirectly matters and conclusions for humankind.
"Future is science"