SIMES Research Report – How Crude Oil Affects Singaporeans
Updated: Nov 21, 2019
After almost 4 years of crude oil prices downturn, prices of one of the most valuable commodity started moving up last year which was guided by a mix of economics and politics. In this report, we analyse the impact of crude oil prices on Singapore Economy, examining various sectors including industries, transportation and Households. Also, we take a deeper look into the factors behind the volatility in crude oil prices, from demand and supply to Politics involved in OPEC and other Oil Producing Economies around the work. Click on the link below to view the Report.
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