EMerging Equity
Commodity Prices
Commodity Prices Expected To Remain Weak In 2015 Despite Slight Rebound In Oil Price
The World Bank is nudging up its 2015 forecast for crude oil prices from $53 in April to $57 per barrel after oil prices rose 17 percent in the Apr-Jun quarter, according to the Bank’s latest Commodity Markets Outlook, a quarterly update on the state of the international commodity markets. The Bank reports that energy … Continue reading
Most Commodity Prices Expected To Continue Declining in 2015, In Rare Occurrence, Says World Bank Report
This year may well see a rare occurrence for world commodity markets – a decline in all nine key commodity price indices, says the World Bank’s latest Commodity Markets Outlook, released today. While oil prices have seen the most dramatic decline, the third largest since World War II, other commodities have also been gradually weakening … Continue reading
Why Are Commodity Prices Falling?
By Jeffrey Frankel Project Syndicate Oil prices have plummeted 40% since June – good news for oil-importing countries, but bad news for Russia, Venezuela, Nigeria, and other oil exporters. Some attribute the price drop to the US shale-energy boom. Others cite OPEC’s failure to agree on supply restrictions. But that is not the whole story. The price … Continue reading
Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy
By Michael Snyder Are much lower oil prices good news for the U.S. economy? Only if you like collapsing capital expenditures, rising unemployment and a potential financial implosion on Wall Street. Yes, lower gasoline prices are good news for the middle class. I certainly would rather pay two dollars for a gallon of gas than … Continue reading
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