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Showing 21 - 30 of 60 results for "Lower oil prices"

Reasons to cheer amid gloomy predictions

LAURA MILLAN  |  TUESDAY, 27 JAN 2015
... income and consumer spending," Eslake said, and concluded that "domestically-oriented companies will struggle." Lower oil prices "will provide some support, but we're looking at a fairly sluggish year." While Australia's financial institutions have benefited ...

Market wrap

AAP  |  WEDNESDAY, 21 JAN 2015
... had lifted production nine per cent in the first half and had cut back on US shale oil drilling in response to lower oil prices. That followed Rio Tinto's announcement on Tuesday that its iron ore production had topped 300 million tonnes a year for the ...

Nearly there?

BENJAMIN ONG  |  WEDNESDAY, 14 JAN 2015
... increase oil importing countries' GDP by 0.1 to 0.5 percentage points. Not only this, the World Bank also notes that lower oil prices would bolster government revenues in developing economies as it lessens the need for fuel subsidies. Not to mention ...

Auld lang syne

BENJAMIN ONG  |  MONDAY, 12 JAN 2015
... aid from an RBA rate cut. If this eventuates, then its headline predictions won't. A$ weakness, coupled with lower oil prices, tripled with major central bank easing, would serve the Australian economy and its equity market in good stead. Let the games ...

Slides can be fun too

BENJAMIN ONG  |  TUESDAY, 2 DEC 2014
... inflation component in the report showed input prices contracting - down to 44.5 from 53.5 in October - thanks to lower oil prices. It's not only economy numero uno that would benefit from cheaper oil. Economy numero dos would too. To quote The Economist ...

Market Wrap AM

AAP  |  MONDAY, 1 DEC 2014
... jumped 1.23 per cent, or 211.35 points, to finish at 17,459.85. The Nikkei was helped by a weakening yen and the lower oil prices, which will cut import costs. Japan has ramped up imports of the black gold to make up for lost energy caused by the shuttering ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
... and even harder to remain as they are. The fall in oil prices, over time, would cure the fall in oil prices. Lower oil prices are on the net and overall, a positive for growth. They increase household disposable income, lifting consumption and by extension ...

Why the eurozone cannot afford cheap oil

BENJAMIN ONG  |  WEDNESDAY, 5 NOV 2014
... situation for the euro area. Weaker eurozone growth contributes to lower world demand for crude, lowering its price. Lower oil prices raise the risk of deflation - prompting eurozone businesses and consumers to defer spending, lowering growth. Weaker ...

Global deflation - the next worry?

BENJAMIN ONG  |  THURSDAY, 23 OCT 2014
... I'll say it a thousand times... falling oil prices are not a negative for economic growth - they stimulate it. Lower oil prices reduce the cost of business inputs and lift disposable income, leading to higher household consumption and business spending ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2014
... Tension". And yes, Virginia, this is where Homer S comes in. Wall Street falls on higher prices, Wall Street falls on lower oil prices. "Wall Street's in a place where it doesn't know where it is"! Doh! Well that made sense - Bloomberg's June headline ...