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Oil Is Above $100 Again. What Does It Mean for Ordinary People?

Oil prices are back above $100 a barrel, and for many people that number may sound like something that belongs only to financial markets. It does not. Oil is connected to much more of our daily lives than we usually realise. It affects the fuel we put into our vehicles, the cost of transporting goods, airline tickets, manufacturing expenses, electricity in some markets, plastics, chemicals and ma…

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Crude Oil Is Above $100. Why Should You Care?

You may have seen the news that crude oil prices have crossed $100 a barrel again. For many people, this may sound like something that only matters to investors, oil companies or economists. But it actually has a lot to do with our everyday lives. When crude oil becomes expensive, the impact can eventually reach fuel prices, transportation, airlines, manufacturing, logistics, food prices and even…

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