This channel is about the latest news which happened in the world and health and beauty tips technology news all updates daily
Wednesday, October 24, 2018
Saudi crude oil price crash
Saudi Arabia, one of the leading countries in crude oil production and trade in the world, can crash and reduce crude prices in the international market. Countries with the OPEC organizations and Russia have made significant contributions to the reduction of crude oil production in the system. Thus the price of crude oil began to rise in the shortest period of time. Production Increase The Saudi Arabian government has announced a sharp rise in crude oil production, currently in the range of various issues. After 5% declines, crude oil prices fell by 5 per cent on a single day. If the price of petrol and diesel is lower in India, then the price is likely to fall. But the results are in the hands of the central government controlled oil companies. WTI crude oil in the current trade (16.30GMT) fell to WTI crude oil by 3.03 dollars, or 4.4 percent, to trade at $ 66.14. India's Brent crude oil prices also fell by 4.8 per cent to USD 76.02 a barrel. The decline in investments has led to a sharp decline in investments in the crude oil market
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment