摘 要: | Oil prices have reached a newhigh, passing the US$53 abarrel mark in October for the first time,up 62 per cent since the beginning of theyear.Industry experts have warned thereis little chance of prices moderating sig-nificantly in the short term. For one thing,a primary reason for the run-up is strongdemand, the direct result of exceptionallyhigh global growth in the past year. Foranother, the supply of oil is not likely toincrease in the immediate future.Group of Seven (G7) financeminister…
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