You are here

Cheaper oil is a slippery business

Lowoilprices10122014.jpg
The global growth dividend from falling oil prices risks getting overhyped.

THE global growth dividend from falling oil prices risks getting overhyped. Crude's sharp decline is widely seen as good for a still struggling economy. Yet its main impact isn't to boost total world output but change the distribution of income. And even this GDP shift from oil-exporting to oil-

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom