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Oil price slip: price decline a continuing risk
Phyllis Papadavid 2016-08-22
Abstract
• Oil prices are expected to rise. And yet, US energy self-sufficiency, China’s growth transition and a divided Organization of the Petroleum Exporting Countries (OPEC) could prevent this.
• Oil exporting countries that have experienced deterioration in their terms-of-trade since 2014 must halt the decline in foreign exchange reserves and restore competitiveness.
• Authorities should maximise oil sector investment returns. Oil companies’ privatisation revenues could help rebuild foreign exchange reserves and diversify into non-oil sectors.
| 이전글 | China Economic Outlook. Third Quarter 2016 | 2016-08-22 |
|---|---|---|
| 다음글 | 中国の「エコカー・ブーム」に早くも試練－補助金目当ての増産、供給過剰の懸念 | 2016-08-22 |
