global oil prices slide

The Politics of Oil Prices / Can lower price hurt the economy?

While lower fuel cost may keep the cost of driving low and the opportunity cost of conservation high, the setback is predicted to be temporary.

Russian economy hit by oil price slide

Russia's economy contracts by 3.7% in 2015, according to preliminary figures published by the country's statistics service.

February 17, 2016
February 17, 2016

Can lower price hurt the economy?

While lower fuel cost may keep the cost of driving low and the opportunity cost of conservation high, the setback is predicted to be temporary.

January 25, 2016
January 25, 2016

Russian economy hit by oil price slide

Russia's economy contracts by 3.7% in 2015, according to preliminary figures published by the country's statistics service.