US economy is under threat from high oil prices

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP

The US economy is endangered as oil prices continue to rise and the world will be impacted if the US economy suffers losses, said Robert Dudley, Chief Executive. The current price of crude oil is about $100 a barrel. OPEC members do not plan to decrease oil prices or amount of output as the balance of supply and demand occurs at this price level.

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