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Director / Editor: Victor Teboul, Ph.D.
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Low Oil Prices Are Double-edged Sword for Global Economy

Experts and investors say low oil prices are likely to continue hurting energy companies and the economies of emerging nations that depend heavily on crude oil exports, even though prices have been rising for the past few days. Oil prices had been at an 11-year low but started to rise after a report this week said U.S. inventories of crude dropped more than analysts had expected. The change in the balance between supply and expected demand pushed up crude prices, but they're still...


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