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October 2, 2008
Good News for Everyone
By Sergei Balashov
Russia Profile
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Oil prices surging in the past decade were good for producers like Russia, but bad for consumers. When the crisis struck and skyrocketing prices took an irreversible toll on the global economy, oil prices declined as sharply as they had risen, causing uneasy feelings in the exporting countries. Now prices finally appear to have stabilized.

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