When oil falls, economic growth in major crude exporters suffers, while large importers are positioned to benefit . Falling oil prices can lift emerging-market currencies as importers need to exchange less of their own local currency for dollars to buy the same quantity of crude. Some analysts say oil’s slide is a bearish economic indicator, since weaker prices have historically often corresponded with less transportation and shipping activity. But a drop in retail gasoline prices could be a boon for American consumers. Large fuel users such as airlines could also benefit if oil prices stay lower, investors say. President Trump has voiced his preference for lower crude prices , pressuring large oil producers over Twitter throughout the year to increase output . Lower prices at the pump should boost Americans’ outlook on the economy. And consumer confidence did hit a fresh 18-year high in October. However, last month, the […]