Monthly Archives: April 2012
Despite increasing investors’ worries over the Europe’s debit crisis affecting economic growth and crude consumption, oil prices hovered close to $103 a barrel on 24th April, 2012 in Asia.
The harsh truth is that oil spills cause widespread damage to the environment and cleaning them up takes up time. Scientists across the world are always trying to devise methods to accelerate the process of recovery, which will cause the … Continue reading
Oil prices in Asia have climbed higher due to the disruption in the Middle East and the latest surveys of US jobs data.
In order to match earlier week’s downtrend, the prices on oil fell down on 2nd of April 2012. This downtrend was experienced after traders got the latest batch of data on the Chinese economy.