If oil prices soar, does the NZ economy tank?
Economically Speaking: Integrate energy policy into overall national economic policy.
John McDermott
Tue, 24 Sep 2019
The drone attack on September 14 on the Abqaiq oil facility and the Khurais oil field in Saudi Arabia has seen 5.7 million barrels of crude oil production cut, resulting in a surge in oil prices, at one point increasing by 20% in a single day. Although markets are nervous, prices have slipped back
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John McDermott
Tue, 24 Sep 2019
Contact the Writer: john.mcdermott@motu.org.nz
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If oil prices soar, does the NZ economy tank?
Analysis,Columns,
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