Skip to main content

Higher oil price adds to headwinds for world economy

While we still think that this year’s rise in oil prices will soon go into reverse, we have bumped up our end-year forecast. The now smaller drop in oil prices we’re expecting doesn’t change the picture much at the global level, but at the margin it is another reason to think that global growth will remain subdued.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access