In dollar terms, the price drop translates into a $117 billion - TopicsExpress



          

In dollar terms, the price drop translates into a $117 billion loss in revenues for Saudi Arabia if oil prices hold for another six to eight months, based on that country’s massive exports of crude. Russia, already in recession, could lose nearly $100 billion in revenues, almost 5% of the country’s GDP. Iran’s also in similar straits, maimed by international sanctions and a falling currency, with the price drop slicing off 5% of its GDP in revenues. And Kuwait could see its oil income fall by $32 billion, almost one-fifth of the country’s GDP. For U.S. consumers, it’s an aggregate windfall worth $90 billion. It’s also a benefit equivalent to nearly a percentage point of GDP for China, Germany and France. Trevor Houser, a partner at the Rhodium Group consultancy and a fellow at the Peterson Institute for International Economics, estimates major oil importing countries could cut their import bill in aggregate by more than $500 billion if the price fall is preserved well into 2015. ### 승자도 패자도 없다? 글러벌 경기침체에 영향을 준다고 보십니까? 그런데 미국은 그냥 신난거 같은데요. opec 의 지속적 원유 감산은 어디까지 떨어지나 두고 볼겁니다. 제 예상으론 opec 이 미치지않은한 계속 고우 하지는 않을겁니다. 그리고 다들 지켜만 볼것도 아닌거같고 석유가격 하락이 경기침체라. 그래도 미치면 더 떨어드릴것도 같고 , 어째든 두고보죠. The winner or loser? The global recession would affect? But the United States seemed to be just delightful. Opecs crude oil production cuts are Ill wait and see where we fall off me. I expect to continue as long as you have this crazy opec and we would not. And not only see the same going on, like the oil price drop in the recession. Still, even more will be added, dropped, and snap or leave.
Posted on: Tue, 09 Dec 2014 11:36:18 +0000

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