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Crude Oil price rises 3% as supply and global recession concerns continue | International Business News

Russia s former president Dmitry Medvedev warned that a reported proposal from Japan to cap the price of Russian oil at around half its current level would lead to significantly less oil in the market and push prices above $300-$400 a barrel. ....

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Can world economy handle crude oil at $100 a barrel or higher?

Crude oil prices have been rising rapidly over the past few months and there are chances that rates could cross $100 per barrel. Is the world economy ready to handle such high crude oil prices? Here is all you need to know. ....

Abram Kaplan , Marko Kolanovic , Thomas Costerg , Morgan Stanley , Columbia University Center , International Energy Agency , Global Energy , Columbia University , Pictet Wealth , World Economy , Crude Oil Price Rise , Crude Oil News , Lobal Crude Oil Rates ,

India urges OPEC to stop crude price spike in scratch-my-back diplomacy

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