Oil and Gas

Why haven't low oil prices boosted the global economy?

A worker walks past a pump jack on an oil field owned by Bashneft company near the village of Nikolo-Berezovka, northwest from Ufa, Bashkortostan, January 28, 2015. New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds and access to advanced technology for the oil and gas sectors, EU officials said on Wednesday.

Could low oil prices be reducing inflation and growth? Image: REUTERS/Sergei Karpukhin

Matt O'Brien
Reporter, Washington Post
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