Oil and 2012's economic outlook

Written by Ashwin Rattan Sunday, 18 March 2012 10:55
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Oil prices are again on the rise – will this derail the economic recovery? And what if there is an oil shock on the horizon?

This article presents an overview of the oil market and its possible effects on the global economy.

It argues that if there is a shock, the list of casualties will have Europe at the top with the US close behind.

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