Global oil prices have fallen sharply over the past seven months, air max pas cher new balance homme ml574 bleu leading to significant revenue shortfalls in many energy exporting nations, Canotte Chicago Bulls Kopen Nike Air Max 2017 while consumers in many importing countries are likely to have to pay less to heat their homes or drive their cars.
But since June prices have more than halved. Jon Lester Jersey Brent crude oil has now dipped below $50 a barrel for the first time since May 2009 and US crude is down to below $48 a barrel. Chaussure Adidas Soldes Asics 2017 The reasons for this change are twofold – weak demand in many countries due to insipid economic growth, nike air max 2017 heren blauw
coupled with surging US production. Fjallraven Kanken 20L Nike Air Max 2017 Dames zwart Added to this is the fact that the oil cartel Opec is determined not to cut production as a way to prop up prices. Air Jordan 13 (XIII) Adidas NMD Dames So who are some of the winners and losers?
Global oil prices have fallen sharply over the past seven months, leading to significant revenue shortfalls in many energy exporting nations….
Brazil cuts spending and raises taxes…
Japanese shares headed higher on Tuesday despite a key survey showing that manufacturers’ confidence fell the most in a year this month.