Tuesday, November 27, 2018

What oil at $50 a barrel means for India, the world economy

Energy importers like India and South Africa will benefit; oil producers such as Russia and Saudi Arabia will hurt. Central banks under pressure to raise interest rates will get a reprieve; those looking to revive prices, such as the Bank of Japan, face another headwind.

from Times of India https://ift.tt/2BAm1Q8
Energy importers like India and South Africa will benefit; oil producers such as Russia and Saudi Arabia will hurt. Central banks under pressure to raise interest rates will get a reprieve; those looking to revive prices, such as the Bank of Japan, face another headwind. https://ift.tt/eA8V8J November 27, 2018 at 03:58PM https://ift.tt/2hJjhqE

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