Oil Price Per Barrel Tracker

Oil prices are quoted per barrel. Track oil price changes and discuss how the price of oil is impacting world economies.

How the price of oil is impacting world economy

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	The Heavily Indebted Poor Countries (HIPC countries) and transition economies account for only a small share of global GDP, many of them are among the most seriously affected by higher oil price
	The impact of higher oil prices on growth and activity in oil producing countries will depend on a variety of factors, most importantly how these windfall oil revenues are spent