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Oil at $100: Inflation and Economic Slowdown
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Today we analyze one of the indicators that has the most impact on the world economy and, especially, on the Spanish economy: the price of oil. When Brent’s barrel rises strongly, it not only affects the cost of filling the reservoir. Its impact extends to the whole economy. Oil is a fundamental raw material for transport, industry, logistics, agricultural production and much of the energy system. That’s why, when its price goes up, the effect i…
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