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Showing posts with label oil gdp. Show all posts
Showing posts with label oil gdp. Show all posts

February 26, 2011

Oil price and GDP calculator

A great chart from Reuters which correlates the change of oil prices to the corresponding change in world GDP (indicatively every $10 change in in crude results in an estimated range of 0.5-1.0% inverse change in global GDP).
Click on the picture to activate the calculator.