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Commodities Briefing - Categorized | Market Pulse, Oil, Price Watch more

IEA warns high oil prices could hit growth

Posted on 16 March 2011

From AFP: The International Energy Agency warned Tuesday of a “marked slowdown” in the global economy unless oil prices fall from current high levels as post-recession demand picks up.
“If prices remain at current levels or rise further, by September 2011, if not before, the global economy may feature a marked slowdown,” the IEA said in its monthly oil report……………………………………….Full Article: Source


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