The oil price crash now is a variable to the global economy, and influences each economy differently. ANBOUND think tank scholars point out that the oil price crash's impact on market is much more far-reaching than expectation. So far, the U.S. has been the biggest beneficiary, and the OPEC members generally are the losers, while Russia is the biggest. Being the largest consumer and importer of crude oil in the world, China will benefit from the crash, however, its economy faces great risks due to the long-term oil supply contracts.