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Will falling oil prices affect Bahrain's stability?

Best Answers

First of all you should know the reason behind the fall in price, in the last decade china, a country who was a good buyer of oil reduced it's oil consumption and became eco friendly and introduced eco friendly vehicles.. read more

Nevertheless, no matter how high oil prices may be, as Bahrain’s reserves dwindle, oil revenues will obviously decrease accordingly.. Bottom line is that Bahrain may experience economic difficulties for some time but will get over with it. read more

Sinking oil prices are clearly correlated with financial instability, but the lines of causation do not point in the direction most pundits seem to believe. On the contrary, when the price of oil rises, so do costs in most rich, industrialized economies; thus, a rising oil price acts as a brake on growth. read more