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Oil drives global growth

Margin Call: Oil prices at a two-year high are positive signs for recovery.

Fri, 29 Sep 2017

A sudden rise in oil prices has boosted the consensus view the global economy will accelerate in the second half of this year.

All major economies are in growth phases – for the first time in decades – and rising oil demand is consistent with increased trade and other activity.

The OECD’s

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Oil drives global growth
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