Opher Baron News Today

Oil prices typically bottom out around this time of year, but with the Red Sea crisis adding to the uncertainty in the world, will cheap gas prices stick around?

If the more bullish forecasts prove accurate, a return to triple-digit oil prices could be just around the corner, as Canadian consumers struggle to keep pace with sharply higher prices for many essentials, including food.

Russia’s decision to allow Ukraine to export grains once again has seen an improvement in wheat prices, but Canadians won’t likely see significant changes on their grocery bills until spring 2023.

Inflationary domino effect sees gas prices raising shipping costs, which then hike price of goods

Inflationary domino effect sees gas prices raising shipping costs, which then hike price of goods

Inflationary domino effect sees gas prices raising shipping costs, which then hike price of goods

Experts say soaring fuel prices create a kind of inflationary domino effect, with climbing gas prices raising shipping costs and higher shipping costs hiking the price of goods.

Inflationary domino effect sees gas prices raising shipping costs, which then hike price of goods

Inflationary domino effect sees gas prices raising shipping costs, which then hike price of goods

When it comes to holiday shopping, consumers are no strangers to the mantra “the early bird gets the worm.”