Journal Article
Asian nations driving world oil prices
Abstract: The rapid growth in China and India has led to an increase in demand for oil, which, in turn, has driven up prices. After adjusting for inflation, a barrel of oil today costs about what it did during the 1979 oil shock.
Access Documents
File(s):
File format is text/html
https://www.stlouisfed.org/publications/regional-economist/april-2007/asian-nations-driving-world-oil-prices
Description: Full Text
Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2007
Issue: Apr
Pages: 12-13