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24th Mar 2026 08:50USDaily Monitor
  • The oil futures prices relevant for new capital investment have risen by much less than spot prices.
  • Greater capital discipline means oil investment is less responsive to jumps in prices than in the past.
  • Either way, oil and gas investment is a very small share of the overall economy.

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Keywords for: 26 March 2026 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence