Specialists foresee an increase in energy prices


SUBMITTED BY: Sofis91

DATE: Oct. 21, 2021, 5:55 p.m.

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  1. Alarms are sounding due to low oil and gas inventories in the face of a period of high demand such as winter
  2. In September, consumer inflation grew 6% at an annual rate and is expected to close the year at 6.20%, however, the risks of a rebound in energy prices as well as a shortage of these charge more and more relevance, experts in the field considered.
  3. According to Bx +, the fact that inflation closes this year at 6.20% faces some risks related to greater stress in global supply and distribution chains due to a rebound in COVID-19 infections. This has sounded the alarms for a possible energy crisis at the end of the year; due to low oil and gas inventories in the face of a period of high demand such as winter.
  4. Likewise, the financial institution pointed out that high energy prices will directly impact generics such as gasoline and gas for domestic use; and they will increase production costs in a generalized way, which could be passed on to some extent to the final consumer.

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