Commodity Trade Mantra

Posts Tagged ‘Shale Gas Extractions’

Why the Fall in Oil Prices is a Problem for Everyone

The increase of oil prices during the ‘70s caused inflation and recession in Europe & the US while oil producers were building a trade surplus & currency reserves. On the other end, in the late ‘80s & all of the ‘90s, the collapse of commodity prices contributed to a long period of economic growth in industrialized countries & caused serious problems for some oil producers.

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