Shaw Capital Management Factoring: Oil Scarcity and its impact on the Global
Economy
http://www.
oyetimes.
com/business/44-markets/10984-oil-scarcity-and-its-impact-on-theglobal-economy
TUESDAY, 03 MAY 2011 10:11
WRITTEN BY GLEN ASHER
In the latest edition...
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Shaw Capital Management Factoring: Oil Scarcity and its impact on the Global
Economy
http://www.
oyetimes.
com/business/44-markets/10984-oil-scarcity-and-its-impact-on-theglobal-economy
TUESDAY, 03 MAY 2011 10:11
WRITTEN BY GLEN ASHER
In the latest edition of the International Monetary Fund s World Economic Outlook
publication, the IMF dedicates a chapter entitled "Oil Scarcity, Growth and Global
Imbalances" to an examination of the world s oil markets and the impact of growing oil
scarcity on the world s economy.
In this document, the IMF seeks to answer the current
status of oil scarcity, how oil scarcity will impact the global economy and how oil scarcity
willimpact economic policies around the world.
Now that the price of both Brent and West Texas Intermediate seem solidly positioned
above $100 per barrel for the first time since 2008, this is a timely study.
Demand for oil
has risen and, for some major consumers such as China, consumption levels have
reached new records.
Since
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