# The tumbling oil price is a warning of turbulent times in the world economy | Global economy | The Guardian

> The article says the tumbling oil price is far above the $28 low of early 2016 but represents a large fall. It argues that the drop will force the US Federal Reserve to revise its inflation forecasts and reconsider planned interest rate rises.

- Date: 2018-11-18 · published 2018-11-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/10587-the-tumbling-oil-price-is-a-warning-of-turbulent-times-in-the-world-economy
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower energy prices reduce headline inflation and may slow Fed tightening, which can weaken the dollar and support commodity prices. Falling oil also signals weaker global demand.

## Read by commodity

- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-06-04 | [Oil price slump: is this an economic warning?  - UNSW BusinessThink](https://feedsoft.ai/events/11309-oil-price-slump-is-this-an-economic-warning-unsw-businessthink.md) | +0.1% | +10.7% |
| WTI | 2020-04-22 | [Why oil is still most important price in the world](https://feedsoft.ai/events/53844-why-oil-is-still-most-important-price-in-the-world.md) | +33.7% | +249.4% |
| WTI | 2025-05-06 | [Why oil prices are falling and what it means for the economy : NPR](https://feedsoft.ai/events/24843-why-oil-prices-are-falling-and-what-it-means-for-the-economy-npr.md) | +8.3% | +10.0% |
| WTI | 2020-03-27 | [Oil price crash: a glimpse into the future for global energy markets? Q&A with Pierre Noel](https://feedsoft.ai/events/7880-oil-price-crash-a-glimpse-into-the-future-for-global-energy-markets-q-and-a.md) | +37.1% | -32.8% |
| WTI | 2018-12-20 | [Oil prices tumble to lowest in more than a year as equities sell off](https://feedsoft.ai/events/8517-oil-prices-tumble-to-lowest-in-more-than-a-year-as-equities-sell-off.md) | -6.7% | +12.5% |

## Sources

- theguardian.com: https://www.theguardian.com/business/2018/nov/18/oil-price-tumbling-warning-turbulent-times-world-economy

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.