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This Day In Market History: OPEC Raises Oil Price To $7 Per Barrel
Wednesday, December 22, 2021 - 10:01am | 292Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On Dec. 22, 1973, OPEC announced it would be unilaterally raising the price of crude oil from $5.12 per barrel to $7 per barrel. Where Was The Market? The S&P 500 was...