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Mar 4, 2022 · Russia's invasion of Ukraine inflated oil prices even further to well over $110 per barrel. We outline the impact on oil prices and the energy transition. Mar 2, 2016 · The stunning drop in oil prices, from a peak of $115 per barrel in June 2014 to under $35 at the end of February 2016, has been one of the most important global macroeconomic developments.
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