Oil price rise is another headwind for world economy

Hedge funds are betting that the oil price will top $100 per barrel in 2019, which will drive up global inflation.

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US shale bottlenecks should ease soon
(Image credit: 2013 Getty Images)

"There have been threatening developments in the international oil market," says Roger Bootle in the Daily Telegraph. Prices have soared to $85 a barrel, an increase of 17% since the beginning of August, because of concerns about supply.

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.