Falling prices shake up global economiesWeaker global economy causes oil price drop after 4 years of relative stability; producing countries suffer, consumers benefit Jonathan Fahey Associated Press Energy Writer
A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years.
The global price of oil is $84 per barrel, dow....
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Major exporters Asia North America, South America and Europe
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