Until now the oil rise does not seem to have had a major impact on markets. High oil has so far not seemed to erode global economic growth with trends elsewhere so powerful that the rise has been rather well absorbed.
Yves Maillot
growth powerful global impact oil trends rise
Of course it could at some point start hurting consumption but knowing at which (oil price) level that would be is the one million dollar question.
knowing start hurting question price oil consumption
We've had quite a shining start of the year so the fundamental driver of markets will probably surprise on the positive side this year again.
surprise positive start side
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