Algeria/Iraq/Libya/Nigeria/Venezuela: Oil Plunge Raises Fears of Societal Unrest


Nov 30, 2015 | Elizabeth MacDonald, FOXBusiness
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With Wall Street shops like Goldman Sachs and government officials in Venezuela signaling oil could go to the mid-$20 per barrel range next year, analysts at places like RBC Capital Markets have been warning that chronically low oil prices plunging towards seven-year lows means increasing social chaos in countries on the edge—including those battling ISIS.