Tuesday, December 9, 2014

Winners and losers as Oil falls...

Oil Price Winners and Losers Around the Globe - according to Wall Street  Journal  Blog


Good reading: suggests major losers as:
Kuwait $32 billion, almost one-fifth of the country’s GDP
UAE $ 34 billion
Iraq $ 31 billion
S. Arabia $117 billion loss in revenues for Saudi Arabia if oil prices hold for another six to eight months.
Russia, $100 billion in revenues, almost 5% of the country’s GDP.  


http://blogs.wsj.com/economics/2014/12/08/oil-price-winners-and-losers-around-the-globe/

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