"We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that"
- Rodrigo Rato
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This quote by Rodrigo Rato suggests that the world has been able to handle the current boost in oil prices. This is likely due to the reality that the world has become more efficient in its use of oil, and has been able to discover alternative sources of energy. In addition, the global economy has actually had the ability to adjust to the greater prices, as evidenced by the reality that the world has been able to soak up the increase. This recommends that the world is durable and able to adapt to changing market conditions. This is a positive indication for the future, as it suggests that the world has the ability to cope with the changing energy landscape.
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