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Monday, 7 December 2015

Who Are Behind Volatile Global Oil Prices?

When achieving a stable global economy supercedes local and political interests, and a sustainable rebound in the global oil prices begins to emerge, this will soothe the chaos in the geopolitical sphere, the price wars among the oil-producing countries, the sluggish investment and consumption in the world economy, the capital market’s negative judgment about the future business growth and the “liquidity trap” in the monetary policy.

Sun Lijian Associate Professor, Fudan University via CHINA US Focus http://ift.tt/1RBD2ux

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