The American Spectator
•Business
Business & Economics
77% Informative
The futures price of the benchmark WTI ( West Texas Intermediate ) crude has fallen from around $79 per barrel in the spring to below $ 56 , a drop of approximately 30 percent in a very short period.
Oil exports remain a geopolitical lever of the highest order; oil still accounts for 31 percent of global primary energy consumption.
Oil price is more than just a market number, says Thomas Kolbe .
It points to geopolitical power shifts, weakening global demand, and the fragility of our financial architecture, he says.
Falling asset prices undermine collateral, forcing lenders to re-secure loans, or margin calls trigger liquidation cascades.
If China 's credit contraction collides with Germany 's industrial anemia and U.S. bond market buckles under the weight of its own debt binge, the world could be staring down the barrel of a deflationary supercycle.
VR Score
78
Informative language
75
Neutral language
57
Article tone
informal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Affiliate links
no affiliate links
