Tag Archive: oil price forecast

Oil prices and the global economy

2019-09-11

by

2019-09-11

Oil Prices, 2018-2019
Low oil prices are good news for disposable income. But they also reflect the risk of oversupply in a world where growth indicators continue to point down.Events since Trump first threatened increased tariffs in 2017 provide a textbook example of how tariffs are transmitted through the global economy. First, the uncertainty they create hurts sentiment.

Read More »

Oil prices are reeling

2019-06-11

by

2019-06-11

Oil Prices, 2018-2019
The escalation in trade tensions, the dimming of global growth prospects and a surge in US export capacity have pushed us to lower our oil forecasts.The recent plunge in prices suggests that oil is acting like a leading indicator of global economic growth, reflecting investors’ concerns that lasting trade disputes will dent future growth and risk pushing the world economy into recession.

Read More »