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Ukrainian American Bar Association

The Good, Bad, and Ugly of Plunging Oil Prices

17 Jan 2015 4:21 PM | Anonymous

Crude oil prices plunged to a six-year low Tuesday in a potentially painful threat to oil-exporting nations that rely on crude to power their economies. The drop brings some welcome relief to countries that have been struggling with economic headwinds, but brings a mixed bag for others, like the United States, that are both big producers and consumers of oil.   Foreign Policy.   Read More

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