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Advantage Of Lower Oil Price

Why there could be more to celebrate about a falling oil price than cheaper prices at the pump
The oil price has been on a downward slope since June. Brent crude is now trading at around $78 a barrel. At this beginning of the year, it was up over $100 a barrel. A lower oil price means lower petrol prices, but what else does it mean? Let's take a closer look… A lower oil price is good news for motorists Motorists the world over will be happy that the oil price is falling.... ››› more
[19 November 2014]

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