Will Low Crude Oil Prices Cause a Global Recession?
International crude oil market faces almost 2 years of sharp fall in benchmark crude oil prices (mainly Brent) from $ 105.7 / barrel in June 2014 to $ 36 / barrel in December 2015 and a minimum of $ 27-28 / barrel (for the last 13 years), in January 2016. Several economists are raising the question...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolae Titulescu University
2016-06-01
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| Series: | Global Economic Observer |
| Subjects: | |
| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_4_no_1/geo_2016_vol4_no1_art_012.pdf |