INFOGRAPHIC: Crude Awakening

A recent rebound above $50 has left some analysts optimistic that prices have bottomed out. However, oil’s plummet is impacting Asian countries in different ways.

INFOGRAPHIC: Crude Awakening

Oil lost half of its value in seven months but there are recent signs that prices have bottomed out.

After hitting $100 a barrel in July, US crude oil has been on a downward spiral, sinking to below $44 a barrel in late January, the first time it hit that mark since April 2009.

Many economists remain pessimistic about prices this year, due to a combination of factors, such as weak economic...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: asia | energy | markets | malaysia

Print Edition

FinanceAsia Print Edition