Understanding Inflation: Gradual price rise erodes purchasing power. CPI tracks changes in goods and services. Causes and Types: Inflation from cost-push or demand-pull factors creates price cycles.

The real-time price of Brent crude oil is at $77.48 per barrel, and the price of WTI crude oil is at $74.60 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...