The Economics of Lower Oil Prices



Moody's Analytics presents an in-depth look at the impact and long-term effect of oil prices on the economic outlook.

Oil prices have slumped sharply and are currently at their lowest since the depths of the Great Recession. Although the major impact will be to boost growth in energy-consuming economies, uncertainty, both economic and political, will increase in oil-producing regions. We present an in-depth look at the impact and long-term effect of oil prices on the outlook.

  • What has happened in the past with similar price declines?
  • What is the baseline outlook of a rebound in oil prices in 2015 and after?
  • Which U.S. and global regions will be most affected by oil price volatility?
  • What is the probability and impact of an extended low oil price scenario?

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