Full Title: The Causes and Implications of the Sharp Fall in Oil Prices
Author(s): Joseph G. Carson
Publisher(s): AllianceBernstein LP
Publication Date: October 1, 2014
Full Text: Download Resource
Description (excerpt):
Spot prices for crude oil plunged roughly $15 per barrel over the past three weeks, dropping to levels last seen in early 2012. This has raised concerns about the strength and sustainability of the global economic recovery, while simultaneously increasing fears and risks of even lower inflation or deflation in certain countries.