Monday, November 24, 2014

Experts: Oil Price Decline Unlikely to Last

In recent months the world price of oil has dropped more than 30 percent, giving economies in most countries a boost, but driving down profits for national oil companies, privately-owned oil producers and companies that service oil fields and operations. As VOA’s Greg Flakus reports from Houston, experts say the lower prices are not expected to last long.



from Voice of America http://ift.tt/1AKcW0Q

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