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Author`s name Dmitry Sudakov

World to face super oil price shock that will scuttle any economic recovery - Comments

Several things have now moved to set the world up for one of the worst run ups in the price of oil and all coming by the second half of 2009. As everyone knows, oil is plunging, in part due to over production during the high times of the recent past. This is also partially due to the strengthened dollar's action, since that is what oil is valued in. The world economic depression has also done its part to further drive down the already staggering price

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