Report
How beneficial are low oil prices for French activity?
The coronavirus crisis has signaled the beginning of a severe recession in Europe (see here ). Lockdown measures implemented across the world have resulted in a fall in global demand for hydrocarbons, leading prices to collapse to historic lows. This fall in oil prices may be beneficial for French activity via three important mechanisms: an improvement in the trade balance, a boost to supply and a boost to demand.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Arno FONTAINE
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