4 ms·
Not an expert, but I've been read that demand for oil is typically used as a leading indicator for economic growth. Seems like the global economy is slumping, a
by JTon 11y ago
Not an expert, but I've been read that demand for oil is typically used as a leading indicator for economic growth. Seems like the global economy is slumping, and as a result doesn't need as much energy (oil)
- bkjelden 11y agoAh, so in that case it wouldn't be causal, just a correlation.
- marcosdumay 11y agoIt is causal, but in the reverse direction.