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Showing 1 - 10 of 60 results for "Lower oil prices"

Oil tanks

BENJAMIN ONG  |  TUESDAY, 21 APR 2020
... be 2.3 mb/d lower than last year." Under normal circumstances, the drop in oil prices would have been a boon. Lower oil prices raise household disposable income. But not when consumers are required to stay home so as to control the spread of the coronavirus ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
... keeping the supply-demand equation in favour of continued weak crude oil prices. But this isn't all negative as lower oil prices would provide a tailwind to economic growth in terms of increased household disposable income and consumer spending ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... November 2018 "for the first time since at least 1991" took the sting out of OPEC's production cut announcement. Lower oil prices may be bad for energy companies and oil producing and exporting countries but they're a blessing for others, particularly ...

Chief economist update: Cheaper oil greases wheels of growth

BENJAMIN ONG  |  MONDAY, 12 NOV 2018
... economy was reported." For sure, the slowing Chinese economy would have a negative impact on equities... but lower oil prices? Lower oil prices may be bad for energy companies and oil producing and exporting countries but they're a blessing for others. ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
... Economist' magazine and Dr. Nouriel Roubini's ) protestations that this is a good thing, equity markets floundered. Lower oil prices may be bad for energy companies and oil producing and exporting countries but they're a blessing for others. The reason ...

Good oil, bad oil

BENJAMIN ONG  |  FRIDAY, 23 JUN 2017
... in global growth we've witnessed in recent times could be partially attributed to the net positive impact of lower oil prices on economic activity. This is because lower oil prices are a 'de facto' tax cut for consumers, raising disposable income and ...

Indian LIC launches IPO

DARREN SNYDER  |  MONDAY, 1 AUG 2016
... of its share market than Australia, Pereira said. "India is also one of the world's biggest beneficiaries of lower oil prices, which is a newer stimulus to its economy. Add to this the economic reform agenda that is increasing interstate trade and streamlining ...

Ghosts of emerging markets past not worth the risk

KERRIE SYDEE  |  FRIDAY, 8 APR 2016
... test," said Bell. "More recently we've seen countries such as Brazil and Russia... we've seen how the impact of lower oil prices has decimated the Russian economy... how corruption in Brazil is rampant. "All the old ghosts of emerging markets that were ...

Yellen fedspeaks her mind

BENJAMIN ONG  |  THURSDAY, 11 FEB 2016
... headwinds from "subdued foreign growth and the appreciation of the dollar" that has "restrained net exports" and "lower oil prices" that "have caused companies to slash jobs and sharply cut capital outlays". "And while inflation is expected to remain ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
... this old, ageing bloke learned in Economics 101. Higher oil prices are a tax on consumption or its converse, lower oil prices increases disposable income. Back in the year 2004, Dr. Nouriel Roubini, published a paper titled "The effects of the recent ...
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