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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Analysis
4 mins to read

If oil prices soar, does the NZ economy tank?

Economically Speaking: Integrate energy policy into overall national economic policy.

The drone attack on September 14 on the Abqaiq oil facility and the Khurais oil field in Saudi Arabia has seen 5.7 million barrels of crude oil production cut, resulting in a surge in oil prices, at one point increasing by 20% in a single day. Although markets are nervous, prices have slipped back

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John McDermott Tue, 24 Sep 2019
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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If oil prices soar, does the NZ economy tank?
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