In Brief: 'Shot in the arm' for oil arm' for oil consuming economies
Tuesday, 05 May 2015
A decrease in the price of oil has been seen by those in oil economies as a greatly beneficial not only to the consumer but also globally boosting the economy enabling the lowering of inflation. However not all have viewed the change in this way some have suggested this could cause geopolitical risk. The article reviews the advantages and disadvantages of the change in the price of oil and what this could mean financially around the world.
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