$125 Oil Could Tip Global Economy Into Recession ...Middle East

OILPRICE - Economy
$125 Oil Could Tip Global Economy Into Recession
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s Analytics’ head of international economics, Gaurav Ganguly, told CNBC, pegging the game-changing price at $125 per barrel of Brent crude. If prices go that high and stay that high long enough, the world will enter a recession, but it will be a shallow one, Ganguly noted, adding that for now, Moody’s was reasonably optimistic, assuming the war in the Middle East would come to a swift end soon. Most analysts appear to share…

Hence then, the article about 125 oil could tip global economy into recession was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( $125 Oil Could Tip Global Economy Into Recession )

Apple Storegoogle play

Last updated :

Also on site :