07.03.2011 - Oil price rises will hit all countries, but in different ways
From Fundstrategy.co.uk: As unrest escalates in the Middle East, home to some of the world’s biggest oil producers, fund managers will have to assess the likely impact of rising fuel prices on other emerging markets. Since the onset of the turmoil two months ago, the oil price has risen by 20%. This increase is still much smaller than the surge that followed the Arab-Israel war in October 1973, when crude prices rose several-fold in a short period after a boycott by the Organization of the Petroleum Exporting Countries (Opec)..............................................Full Article: Source
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