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Oil Price Over $100 Damaging

posted by Avatar camac 761 days ago in USD, Oil made popular 760 days ago

OPEC would pump more oil to prevent a rally in oil prices above $100 from hurting the global economic recovery, Kuwait’s oil minister said on Sunday. Oil is well below the $100 a barrel mark, settling at just over $85 a barrel on Friday. For a month, oil has traded over the $70 to $80 level that many in OPEC have pegged as fair.
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