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How does the crude oil price affect Singapore Economy?

A continual decrease in crude oil price is observed from past so many years. Crude oil signals suggests that it can fall up to US$ 35 for a barrel. Moreover, Singapore being the oil importer, affects Singapore Economy on a large scale. Generally, Singapore refines oil for making it a perfect fit for exporting. Thus, … Continue reading "How does the crude oil price affect Singapore Economy?"

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