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As the Organization of Petroleum Exporting Countries and its allies succumb to pleas from major consumers from the U.S. to India to help ease the impact
Oil Demand Outlook Clouded by Emerging Economies’ Currency Pain
published Jul 23, 2018, 6:01:11 PM, by Irene Garcia Perez, Prejula Prem and Alex Longley (Bloomberg) — Being an emerging-market economy can be tough when oil prices surge and your currency crumbles. While Brent crude, the global benchmark, has advanced 11 percent this year in dollar terms, it’s gone up
