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Investing Topics: Geopolitics

Oil Prices and Geopolitics

By Elliott H. Gue on Dec. 7, 2015

The financial media tends to exaggerate the influence of geopolitical developments on oil prices, especially to explain daily moves in these commodities. But today’s market hold more in common with the 1990s, when the price of West Texas Intermediate crude oil actually declined at the height of the Gulf War.
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