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Tag Archives: Oil

Falling oil prices and the world economy

In the last 8 months crude prices have fallen from $110/barrel to $60 /barrel. According to the latest reports they are at lowest point since the year 2009 .Some experts are even expecting that ,they can touch $20/barrel level  in the coming months.Declining crude price have left both negative and positive affects on the world economy.In the following paragraphs,we have discussed about the  …

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