Tag Archives: Asia
Production of crude oil has been low in some of the world’s major economies. This fact had an impact on markets all around the world. In fact it has caused crude oil prices to fall in the Asian crude oil … Continue reading
The prices on oil declined to near $94 a barrel in Asia adding a two-week sell-off, which marked a record decrease in five months in the mid of rising concern about Europe’s debt crisis.
Oil prices in Asia have climbed higher due to the disruption in the Middle East and the latest surveys of US jobs data.
Imports of West African crude oil are the highest ever recorded, after the Iran oil embargo cut supplies of oil from Tehran to Beijing. The first quarter reflects the effects of the oil sanctions as India and China look to … Continue reading