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    Business Insider
    flipped into Finance
    MORGAN STANLEY: Here's what a world without oil looks like

    MORGAN STANLEY: Here's what a world without oil looks like

    Along with the China slowdown, oil's virtually unceasing slump over the past year and a half is undeniably the biggest story in global markets. The price of the world's most crucial commodity has fallen to just over $30 a barrel from highs of $114 a barrel in mid-2014, a fall of more than 70% in …