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Articles by: Rune Likvern

Oil, Interest Rates And Debt

Oil, Interest Rates And Debt

The recent lower oil price predictably stimulates more consumption, but as more consumers will continue to struggle with their balance sheets, they are now more sensitive to considerable increases in the oil price. This creates for an interesting situation; the price a growing number of consumers find affordable may be lower than what the oil companies need to go after the costlier oil and retire their debts in an orderly way.

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