search query: @indexterm OIL PRICES / total: 245
reference: 21 / 245
| Author: | Ahmed, R. |
| Title: | Oil price collapse: who wins, who loses? |
| Journal: | African Business
1998 : APR, 231, p. 32-34 |
| Index terms: | OIL PRICES CONSUMERS AFRICA |
| Language: | eng |
| Abstract: | What has caused the sudden and shocking collapse of oil prices? What are the implications for both producers and consumers? Some analysts say that the current bear market is not justified by fundamentals. Prior to recent price convulsions, oil markets were relatively stable with the brent price averaging $20.65 pb in 1996 and $19.12 in 1997. A prolonged growth slow-down or a recession in SE Asia and continuing stagnation in Japan will clearly have a severe impact on oil markets. |
SCIMA