Rising oil prices fuel fears of damage to global economy

Experts warn emerging markets could suffer as crude prices hit four-year high of $82The global economy could be damaged if oil prices return to $100 (?76) a barrel, experts have warned, after crude prices hit a four-year high of $82.Some market watchers have predicted prices between $90 and $100 by the year's end after Opec last weekend rebuffed Donald Trump's demands for the oil cartel to rein in prices by expanding production. Continue reading...