RBA governor Glenn Stevens has said the collapse in the price of oil to near $US60 a barrel is a “bullish point for global growth”, despite the shockwaves it has sent through the energy sector.
This story was first published on December 12, 2014.
Reserve Bank of Australia governor Glenn Stevens has said the plunge in the price of oil to near $US60 a barrel is a “bullish point for global growth", despite the shockwaves it has sent through the energy sector.
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Original URL: https://www.afr.com/markets/commodities/rba-governor-glenn-stevens-says-oil-price-fall-good-news-20141212-125ku2
