Wednesday 19 January 2011

FT Alphaville » Oil shock 2.0, or, the benchmark wars

Concerns are mounting that $100 oil prices, if hit, could be enough to dislodge the precarious global recovery — thrusting the world economy back into recession, or even worse, into another global financial crisis.

But while that is certainly a legitimate worry, there may actually be another equally pressing one rearing its ugly head too.

We’re talking about what happens if volatility in the WTI-Brent spread doesn’t settle.


No comments:

Post a Comment