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Commodities Briefing - Categorized | Oil, Price Watch, Trends more

Falling oil prices could spark global turmoil

Posted on 19 July 2013

Falling oil prices can have a lot of benefits. They put money into consumers’ pockets. They cut trade deficits. They make it cheaper for businesses to sell stuff.
But if oil prices fall over the next few years, as some analysts predict, the effects won’t be all roses. OPEC, for example, could be on the losing end. And that could lead to unrest in countries around the world………………………………………..Full Article: Source


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VRS - who has written 37037 posts on Opalesque Commodities Briefing.


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