Cheap oil. Good news - for most
| Authors | |
|---|---|
| Publication date | 2014 |
| Number of pages | 3 |
| Publisher | Amsterdam: Atradius |
| Organisations |
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| Abstract |
- The oil price has fallen by 40% in recent months, as a result of increasing oil supply, and is expected to be in the range of USD 70 - 80 per barrel in 2015. - The global economy is set to benefit, as are oil importing regions such as Europe and Asia. - Oil exporting countries like Brazil, Russia and Middle Eastern exporters will experience pressure on income. - Energy consuming sectors such as the chemicals, transport and agricultural sectors will benefit, while oil producers stand to lose from the lower price. |
| Document type | Report |
| Note | December 2014 |
| Language | English |
| Published at | http://global.atradius.com/images/stories/economic%20research/Atradius_Economic_Research-Cheap_oil_Dec%281%29.pdf |
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