2008-12-11
Decline in Oil Prices is a Risk for global Economy
The lower prices for oil can increase the economic downturn. Oil producing countries are at risk and fail to drive the global economy.
In its international Risk and Payment Review for December 2008, D&B warns about the risks of a low oil price. While the lower prices help to confine the inflation and take budgeterian pressure from oil importing countries, they bear the risk of economic downturn. The low prices lead to incertitude and make forecasts for companies an and governments difficult.
The full press release is available in the German section of our website.