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Why commodity prices are down in US but up in Europe

High rates also decrease firms' desire to carry inventories. Think of oil held in tanks.

OIL prices plummeted 43 per cent during the course of 2014 - good news for oil-importing countries, but bad news for Russia, Nigeria, Venezuela and other oil exporters. Some attribute the price drop to the US shale-energy boom. Others cite Opec's (Organization of the Petroleum Exporting...

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