New Delhi, Sept. 28 -- The impact of rising oil prices on US consumer price inflation is likely to ease in 2027 as supply and demand conditions normalise, DBS Chief Investment Officer for North Asia Yeang Cheng Ling said on Monday.

Speaking at a media briefing on DBS' investment outlook for the fourth quarter of 2026, Cheng Ling said oil prices have risen by around 50 per cent from last year, while current US consumer price inflation assumptions are based on oil prices of around USD 100 per barrel.

He said the high base set in 2026 would reduce the impact of any further increase in oil prices on inflation next year.

"The delta effect of oil going forward should not repeat into 2027. Because of the high base that is set in 2026, oil pri...