Global oil prices slash as fears over conflicts in Iraq and Libya decrease

In International, Main News, Markets

United States: World oil prices are said to have dropped following the conflicts in crude producing countries Libya and Iraq.
According to an analyst at energy consultancy, supply fears in association with the insurgencies in Iraq, Libya and Ukraine have recently diminished.
Meanwhile supply fears have also been suppressed by an increased export volume from Libya.
Exports have already resumed from Libya’s largest port following the end of the year-long blockade.
Traders are closely tracking conflicts in Libya, Iraq and Ukraine, the main crude oil producers.
Ukraine is a key contributor for Russian gas exports to Europe.


Video on crude oil price fall


You may also read!

Tricks that will help you avoid holiday weight gain

Even if you have superhuman willpower, the holiday season is challenging for everyone. Staying on track can seem so


Try hibiscus infusions to fight dandruff naturally

Today modern world dandruff is the biggest problem for both men and women. Dandruff is the irritate problem for


Unclog your arteries by eating this one simple fruit

The future of cardiovascular disease prevention and treatment will not be found in your medicine cabinet, rather in your


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu