With regard to giving supervision a more macroprudential focus, several key institutional decisions have already been taken at international and national level alike. Central banks are usually key players in macroprudential oversight. This makes perfect sense since central banks house a greater concentration of the expertise needed for a systemic perspective than other institutions.
Long-dated oil futures prices have risen along with spot prices, suggesting that market participants also see oil supply conditions remaining tight for years to come. The decline in the foreign exchange value of the dollar has also contributed somewhat to the increase in oil prices.