Home
The world prices nearly up 2.5 to 3 percent as saudi king,s death. The new king will be implemented new policies as reuters said. Saudi arabias decisions made some production decisionss in opec.But how ever we as sri lankans feel oil drop rather than recent price hike as days ago with recent reduction.we are happy now and Some say the price of oil dropped because of a world wide economic downturn. Some say China's economy is slowing down and they do not need as much oil .Some say the price dropped due to OPEC not reducing production when oil reserves are growing. Some say the price dropped to hurt Russia. Some say Saudi Arabia wants to hurt Iran, and Argentina by maintaining their production. Ministerchampika ranawaka says they kept their promise while Some says the production of more fuel efficient cars have caused less need for gas in America. Some say 'Fracking" has caused the drop. I feel the oil is over value and the price is adjusting. What you feel guys?
Registration with the Sri Lanka FINANCIAL CHRONICLE
would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc.. All information contained in this forum is subject to Disclaimer Notice published.
Thank You
FINANCIAL CHRONICLE
www.srilankachronicle.com
Join the forum, it's quick and easy
