Oil opportunity

Reaper

If low oil prices are here to stay it might be a good idea to think about who that helps. For example Japan lacks natural resources so getting oil at reduced prices must help their manufacturing.

On the flip side the oil price is not the only factor. As Japan needs to export the goods it makes it's no good if the rest of the world is in recession and not buying.

Glen_Clark

grey_gym_sock wrote: »

it appears you don't follow scottish politics. support for independence has actually edged up a touch since the referendum.

Quite So - even though the English Establishment has thrown English taxpayers money at the Scots to keep them in, because it isn't just about money. Most Scots are fed up of the English Establishment - so am I but being English and living in England I don't get a vote on it.

Thrugelmir

Glen_Clark wrote: »

so am I but being English and living in England I don't get a vote on it.

Move to Scotland perhaps.

Thrugelmir

Reaper wrote: »

On the flip side the oil price is not the only factor. As Japan needs to export the goods it makes it's no good if the rest of the world is in recession and not buying.

Saudi has run a budget deficit for 3 years now. While low oil prices are hitting it's competitors. Also hurting Saudi itself. Foreign currency reserves are dwindling. Nor will it help export markets in the UK such as Bentley and Rolls Royce. The world is inter connected. A lever pulled will have uncorrelated reaction somewhere else. .

Jonbvn

Thrugelmir wrote: »

Saudi has run a budget deficit for 3 years now. While low oil prices are hitting it's competitors. Also hurting Saudi itself. Foreign currency reserves are dwindling. Nor will it help export markets in the UK such as Bentley and Rolls Royce. The world is inter connected. A lever pulled will have uncorrelated reaction somewhere else. .

I am waiting to see if the usual ME plated cars appear in the West End during the summer.