Traders on the floor of the New York Stock Exchange (NYSE) at the start of the trading day in New York on 20 January 2016. Photo: EPA

What does US$100-per-barrel crude oil mean for the world’s economy? It depends how long the price holds and who you are

  • Brent crude has risen about 40 per cent this year and is at the highest in six months
  • Much will depend on how sustained the price spike is. Exporters will enjoy the boost while importers will bear the brunt of the cost at the pump
Topic |   Commodities

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Traders on the floor of the New York Stock Exchange (NYSE) at the start of the trading day in New York on 20 January 2016. Photo: EPA
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