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The production and demand have helped underpin high world prices for oil, steel and other commodities.
Two years ago a weak currency and high world prices boosted gold and other mineral exporters.
But what about the high world prices of oil and food?
He must contend with high world prices for everything from oil to steel, and sharp increases in utility tariffs.
High world prices for the commodities that Australia produces in abundance — iron ore, coal, liquefied natural gas — have definitely helped.
As a big producer of oil and gas, Indonesia has been earning extra revenues from high world prices.
Similar(27)
In the years after 9/11, Russia's vast energy sector and the high world price of oil helped fuel its geopolitical revival.
Higher world prices are partly to blame.
Traders said higher world prices prompted the buying.
Manitoba farmers, aided by reduced freight rates, higher world prices for wheat, and improved strains of grain seed, enjoyed unprecedented prosperity.
Americans should be skeptical the next time a lawmaker claims that curbs on the industry will lead to higher world prices for crude — and at the pump.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com