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February 3, 2016

Here's how cheap oil is shaking things up

  • Goldman Sachs predicts “the path to a rebalanced market will be protracted and arduous."
  • By The ASSOCIATED PRESS

    Cheap oil will be sticking around for a while.

    That reality is wreaking havoc and causing uncertainty for some governments and businesses, while creating financial windfalls for others. Less expensive crude is delighting consumers in some regions, while leading to widespread job losses elsewhere.


     
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