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| Article Name : | | | OIL HEADS FOR ITS BEST YEAR AT $111. WHAT NEXT | | Author Name : | | | LINCON JEET PAL SINGH | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | GRT-1955 | | Article URL : | |  | Author Profile View PDF In browser | | Abstract : | | | The stagnant oil consumption, rising speculative investments and the consequent rise in oil prices are a matter of concern. Is oil shock round the corner? The abrupt rise in oil prices in the past can be attributed to supply crisis caused by politics, whereas current oil price rally is more a "investment crisis". Though the supply constraints still exist due to changing political scenario globally, the oil demand is outpacing the supply. Eventually, the rising oil prices have occupied the top position in the list of major impediments to the global economy | | Keywords : | | |
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