Energy importers like India and South Africa will benefit; oil producers such as Russia and Saudi Arabia will hurt. Central banks under pressure to raise interest rates will get a reprieve; those looking to revive prices, such as the Bank of Japan, face another headwind.
from Times of India https://ift.tt/2BAm1Q8
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Tuesday, November 27, 2018
What oil at $50 a barrel means for India, the world economy
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