Independent journal on economy and transport policy
15:26 GMT+2
Int'l Crude Price Rises Set to Affect Economy
(The Korea Times)
April 21, 1999
Oil prices have resumed a steep upward climb, prompting fears of negative effects on an economic recovery that, by all indications, in still in the early stages.
According to the Ministry of Finance and Economy (MOFE) yesterday, crude prices on international markets are at peak levels, an average $3 per barrel higher than last year. The higher oil prices are feared to jeopardize the ongoing economic recovery should ...... Read more on The Korea Times
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