IMF: Oil price adds to complex dynamics

April 15, 2015 10:30 AM

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IMF: Oil price adds to complex dynamics

Dynamics of global economy changing to a more subdued outlook.

Brent crude oil prices traded Wednesday at around $59 per barrel, a substantial discount from the mid-June 2014 price above the $110 per barrel mark. The steep drop has impacted capital growth in countries that rely heavily on oil for government revenues.

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