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Oil price slump takes gloss off Paris climate deal

Wednesday, December 16, 2015 - 05:50
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A climate change agreement in Paris designed to eliminate fossil fuel use could have marked the beginning of the end for oil.

A CLIMATE change agreement in Paris designed to eliminate fossil fuel use could have marked the beginning of the end for oil. An obliging fall in the price of Brent on Dec 14 suggested that world demand for the black stuff is continuing to abate. Anti-carbon measures agreed may have an impact,