Data released by the National Bureau of Statistics (NBS) show that consumer price index (CPI), which mesasures rate of inflation, dropped for the sixth consecutive month — although by a smaller margin. According to the NBS, inflation rate dropped to…
BP sees oil prices below $55 a barrel in 2018
BP expects global oil prices to hold within a range of $45-$55 a barrel next year as U.S. shale production grows, the British company’s chief financial officer said on Tuesday. After a slow start to the year, global oil demand…