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March 28, 2015, 12:55 [KST]


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NABO Economic Trends & Issues (Issue no.33)
NABO Economic Trends & Issues (Issue no.33)
[February 28, 2015]
1. Economic impact of falling oil priceThe international oil price plunged recently from 105.6 dollars on June 2, 2014 to 44.82 dollars on January 20, 2015 based on Dubai crude oil price. The reason for the drastic fall on the supply side is found to be the expanded oil supply by non-OPEC countries and increased production by OPEC countri...
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