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The linkage between oil price and business cycle

February 6, 2023

The main topic is the linkage between oil price and business cycle Main Points: 1- linkage between Oil Price with the phases of business cycle. 2- Search about economists that believe that there is linkage between Oil price and about economists that do not believe that there is relation (Argument Vs Counter Argument) and write about both opinions (Opinions of Economists or economy experts) 3- According to this Website: https://oilprice.com/Latest-Energy-News/World-News/Saudi-Oil-Minister-Expects-Recession-But-Isnt-Worried-About-Oil-Prices.html Saudi Arabia is not worried about recession, explain the reasons of this point (for sure, you can use more Resources) 4- How the business cycle influence economy in the Arabian Gulf Region (for example, Saudi Arabia, Kuwait and UAE). 5- No specific amount of references (You can use as much as you want-More or less than 8) 6- you can write about additional points ( related to the topic )

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