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Oil Prices Sink to the Lowest
AP Photo/Hasan Jamali A fall in oil prices might give Americans some relief while driving their cars more but along with it, it will shake their confidence about American economy. Oil prices per barrel...
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Oil May Soon Top Asia’s Worry List
Creative Commons/Trevor MacInnis High oil prices are fast becoming a grave concern for a threat to the growth of economy in Asia. This threat promises to smother consumer demand while also forecasts...
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Weak Manufacturing in Major World Economies Leads to Low Crude Prices in 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...
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Saudi Warning, Euro Worries Cause Oil Prices to Dip
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...
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Oil Prices Fall on Low Demand
There are concerns, that the weak economy is making oil prices fall. The prices on other petroleum related products are also coming down. The Ifo index of business confidence in Germany has fallen for...
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