MALAYSIA'S economic growth is likely to moderate along with the US and other countries' if the price of crude oil remains around US$70 per barrel, economists said.
On Monday, concerns that Hurricane Katrina would disrupt offshore activities in the Gulf of Mexico pushed crude oil futures for October delivery to close at US$67.20, after touching a record high of US$70.80 a barrel on the New York Mercantile Exchange in Asian trading.
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