Tag Archives: Market
There are concerns, that the weak economy is making oil prices fall. The prices on other petroleum related products are also coming down.
Oil Minister of Saudi Arabia, Ali al-Naimi, stated that the rising oil prices are not a reflection of the current status of supply, demand in the the global crude trade. Fears of the failure of the Euro bailout plan have … Continue reading
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