Date: October, 11, 2018
PET.- After the summer, the pressure has begun to decrease, leading us to a better balance between supply and demand.
A factor to be highlighted, however, is the behavior of the price of raw materials that have not stopped rising since June 2017, especially and particularly the PX.
Although in recent months there has been strong upward pressure, especially in spot sales, the average price up to September has been 7% higher than that obtained in 2017.
- BRENT OIL
The evolution of the average price of oil has remained in an uninterruptedly bullish trend, going from just over 31 USD per barrel in January 2016 to over 78 USD in the month of September of this year.
Everything seems to indicate that the price will continue rising with the goal of 100 USD per barrel. The first days of October have already exceeded 86 USD one day.
– Minimum monthly salary of the main countries of the World.
- The IMF has drawn attention to the unsustainability of the US debt and the high risk of inflation. This forecast is based on the great fiscal stimulus promoted by President Trump, which will cause the deficit to exceed 4.5% of GDP in 2019.
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