Barron’s (April 21)
“Oil prices have given back almost all of the gains they made after OPEC and its allies surprised the market by agreeing to cut production by 1.2 million barrels a day starting in May. It’s a sign that the oil market is more focused on demand now, and doesn’t see enough evidence that countries are using more oil.”
Tags: Allies, Demand, Gains, Market, Oil prices, OPEC, Production, Surprised
Wall Street Journal (November 1)
The European Union’s statistics agency released figures that surprised most economists. “Consumer prices were 10.7% higher in October than a year earlier.” This marks “the fastest rate of increase since records began in 1997, two years before the euro was launched,” while at the national level “Germany’s measure of inflation was the highest since December 1951.”
Tags: 10.7%, 1997, Consumer prices, Economists, EU, euro, Fastest, Germany, Highest, Increase, Inflation, October, Records, Statistics agency, Surprised
Los Angeles Times (February 5)
“No one should be surprised that President Trump was acquitted by the U.S. Senate. That outcome was a virtual certainty from the start of the impeachment process. But that doesn’t make it any less disheartening and dangerous.” The President’s acquittal “is a stain on American history and a dangerous marker of what’s to come.”
Tags: Acquittal, Dangerous, Disheartening, Impeachment, Senate, Stain, Surprised, Trump, U.S.
