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View Full Version : Frost & Sullivan Observes That Petrodollars go a Long way in Times of Economic Uncert


Yahoo! Finance
03-17-2009, 05:20 AM
<b>Yahoo! Finance: Mutual Fund News</b>

After the 2002 surge in oil prices, most oil-exporting countries started setting up dedicated investment funds exclusively for the oil surplus they had earned. They were further encouraged when in 2006, the price of oil increased from an average of $28 per barrel to $80 per barrel.

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