© Khunaspix Dreamstime.

Interesting analysis from The Economist on the falling fuel price. Noting that the recent drop is unexpected, with battle-scarred Libya producing 40% more in September than it did in August, and Saudi’s decision to pump out greater amounts (possibly to irritate Iran), it argues that a rise could be equally unpredictable. It also looks at the affect on world trade, and various economies which are tied to the oil price – such as Venezuela and Russia.

Comment on this article

You must be logged in to post a comment.