| That's according to research from analysts at Standard & Poor's, the credit rating agency. It argues that the health of the oil exporting GCC (Gulf Cooperation Council) economies is better now than in 2008/09 at the height of the global credit crunch even though the sovereign debt crisis in Europe continues to rage on.
So although oil prices may have fallen USD 10 from their recent peaks, there needn't be any panic that oil is going to crash, according to the research...............................................Full Article: Source
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