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| Shashank Singh is a Client Reporting Analyst in New Delhi |
Following our blog on how IR pros should face up to sinking oil
price, a reader from India, Shashank Singh, sent me a Fortune article about the
winners and losers in the price war that the major oil powers are presently embroiled
in. I feel obligated to share it with you.
The article which is based on research by Oxford Economics, notes
that countries like France, Brazil, China
and the Philippines are presently making a kill from tumbling oil prices while
Russia, Saudi Arabia, and, yes, Norway are not finding it funny.
The report, titled, Oil-ipedia, notes that ‘for most
countries around the world, cheap oil is a good thing’ ... ‘A world with lower
oil generally looks pretty good’. But if the drop in oil price is such a good thing,
the article asks, why the world is reacting so negatively to the drop in price?
Please read the full article here:
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