Oil prices are on a slippery slope. Which countries, companies and financial assets will be the biggest winners—and which will be on the losers' board?
We debated this and more in the wake of the recent 50% plunge in crude oil prices. The resulting 16-page publication includes:
|A deep dive into the state of supply and demand, including a spotlight on U.S. shale drillers—the new marginal producers of the global oil market.|
|The impact of cheaper oil on monetary policy and economies, as well as the biggest winners and losers among developed and emerging nations.|
|Our view on the prospects for oil prices—and the risks and opportunities in high yield, investment grade and equity markets.|
The map below outlines the economic impact of a $50 decline in the oil price on individual countries. Gains (green) are dispersed across developed nations and most of the Asia-Pacific region. Losses (purple) are concentrated in oil-producing nations in the Middle East, Africa and elsewhere.