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What Oil at $100 a Barrel Would Mean for the Global Economy

  • Bloomberg Economics reckons pain not as bad as in 2011
  • Rising oil has different impacts on different economies
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The Return of $100 Oil May Be Around the Corner

Rising oil prices are prompting forecasts of a return to $100 a barrel for the first time since 2014, creating both winners and losers in the world economy.

Exporters of the fuel would enjoy bumper returns, giving a fillip to companies and government coffers. By contrast, consuming nations would bear the cost at the pump, potentially fanning inflation and hurting demand.