INTERVIEW: World's reaction to the hike in oil prices
Автор: CGTN Africa
Загружено: 2018-05-11
Просмотров: 755
Описание:
Since Tuesday, benchmark oil prices have risen over 1.25%. That's a troubling prospect for net importers. Prices have already risen over 15% this year, to hit 3-year highs. If Iran's oil supplies are cut by U.S. sanctions, its biggest clients - including China, India, Korea, and Turkey, would be hardest hit. All of them import more than 200 000 bbl/d, from Iran. Earlier, I spoke to John Payne, from Oxford Economics, to get a sense of where oil prices could go. He started by making the case for why the current price hike is a little overdone.
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