Thus far we have taken a relatively sanguine view of the global economic and market fall-out from the political turmoil in the Middle East and North Africa. The fact that the unrest has spread to Libya does not materially change this view, but it has probably doubled the additional risk premium in oil prices from around $5 to around $10 per barrel.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services