Posthaste: How higher oil prices could equal higher interest rates

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\u0027Canada’s headline inflation rate is also about to take a serious trip north on higher energy prices.\u0027 Read more

It’s a question on many minds after two of the biggest suppliers of the world’s most important commodity raised the temperature last week.on Sept. 5 by announcing that a voluntary cut of 1 million barrels a day initially pledged for just July would be extended until the end of the year. Its OPEC+ ally Russia followed suit, extending its cut of 300,000 bpd.

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