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Oil Priceson The Decline
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Magazine Article
Oil Priceson The Decline
2014
Overview
In the past several months, oil prices on the international market have dropped 25 percent from a high point in June, which will have a subtle influence on the global political and economic scene. Despite claims that oil prices have hit a low point, the future trend is hard to predict owing to complicated factors, such as geopolitical tensions as well as the current oversupply worldwide.
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