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Tag Archives: Falling oil prices

What is the future of oil prices?

Oil tariffs vary proportionally to the fluctuations in the supply and demand. We have seen an acute price-drop in oil prices throughout the world from the past seven months. This consequently has led Energy trading countries a remarkable victim of notable decline in its income. Whereas consumers in many importing countries are likely to have to pay less to their …

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The Falling Oil Prices

Current Scenario Last three months have been very thrilling for the prices of Brent Crude Oil prices, as they have fallen to $64/barrel. According to the latest details, for the first time since July 2009, the Brent crude Oil prices have reached to $64/barrel. Situation is deteriorating day by day, as major OPEC countries have also failed to reach an …

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