Moody's: Who Is Worst Hit And Who Benefits Most From Plunging Oil Prices

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Oil Price Slide: Moody's Estimates Who Is Worst Hit and who benefits most -- IBTimes

All the oil exporters do not face the same degree of negative impact of the oil price slide, and similarly, major importing countries see the positive impact of lower prices in varying degrees, Moody's Investors Service said on Wednesday.

Russia and Venezuela are the worst hit among exporters as they depend heavily on the oil revenues while countries such as Saudi Arabia are better placed as they have better fiscal buffers. Mexico will also be resilient given its limited exposure to oil in its external accounts and its conservative budget policy, Moody's said.

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Update: Russia, Venezuela hit most by oil fall - Moody's -- Fast FT

My Comment: A few months ago I was paying $1.45/liter .... this afternoon .... $1.14/liter. I can say right away that I am benefiting from this plunge. Iran/Venezuela/Russia/Iraq/Libya/Saudi Arabia/etc. .... no tears for them.