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Oil: The Commodity We Love to Hate
36.5%
Employed
Population
Ranking*
Job Growth
Ranking*
Vacancy Rate
Ranking
(5 cities)
Q2 14
Rent Growth
Ranking
(5 cities)
Q1 09 - Q2 14
Bogotá
3
2
1
4
Caracas
12
22
2
5
Mexico City
2
17
3
3
São Paulo
1
18
5
2
Rio de Janeiro
5
14
4
1
Top Energy Markets - Oil Price Boom
Top Energy Markets - Oil Price Correction
11.2% of global oil
production comes
from Latin America.
São Paulo
11.5%
Mexico City
5.5%
Size of bubble represents energy
sector contribution to total city GDP
Source: EIA, BP, National Statistics Bureaus, Cushman & Wakefield Research
Employed
Population
Ranking*
Job Growth
Ranking*
Vacancy Rate
Ranking
(5 cities)
Q2 16
Rent Growth
Ranking
(5 cities)
Q2 14 - Q2 16
Bogotá
1
8
1
1
Caracas
5
6
3
2
Mexico City
18
24
2
3
São Paulo
26
26
4
5
Rio de Janeiro
27
27
5
4
*(28 Cities) 01/01/14-12/31/14
Source: Oxford Economics, Cushman & Wakefield Research
Bogotá
6.5%
Caracas
Rio de Janeiro
13.3%
Source: EIA, Cushman & Wakefield Research
LATIN AMERICA
OIL PRICES: WHERE THEY WERE
OIL PRICES: WHERE THEY ARE
*(28 cities) 01/01/09-12/31/13
$0
$20
$40
$60
$80
$100
$120
Aug-14
Oct-14
Dec-14
Feb-15
Apr-15
Jun-15
Aug-15
Oct-15
Dec-15
Feb-16
Apr-16
Jun-16
Aug-16
$ per barrel (Brent)
$0
$20
$40
$60
$80
$100
$120
Jan-09
Jun-09
Nov-09
Apr-10
Sep-10
Feb-11
Jul-11
Dec-11
May-12
Oct-12
Mar-13
Aug-13
Jan-14
Jun-14
$ per barrel (Brent)