Sentences with phrase «most essential commodity»

Prices for crude oil, the world economy's most essential commodity, will need until 2020 to recover from the price war unleashed last year by Saudi Arabia, the International Energy Agency said Tuesday in its annual outlook for the global energy market.

Not exact matches

Among other things, my track record on predicting rising oil prices demonstrated that the traditional laws of supply and demand were no longer working for one of the economy's most basic and essential commodities.

This is a more simple place, with beautiful wooden cabins that have direct access to the beach, and where the beautifully decorated room have only the essential commodities, in line with the efforts to run in the most ecological way possible.

Most people — households and businesses — consider power an essential commodity, designed to be delivered, in bulk, on demand and at a price everyone can afford.

Whether or not you're investing financially, your time alone is a precious commodity so it's essential to make the most of the experience and ensure it adds to your employability.