Greek election could impact price of crude

Greece consumes a small amount of the world’s oil. But it could have a big effect on the price of crude next week.

 
| Modified: June 15, 2012 at 12:00 am | Published: June 16, 2012   

In brief

Greek vote impacts oil

Greece consumes a small amount of the world’s oil. But it could have a big effect on the price of crude next week.

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The nation holds an election Sunday, and Greeks could pick a government that wants to stop using the euro as its currency. That could spawn turmoil in global markets, including oil.

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