| The weekly average price of the Organization of Petroleum Exporting Countries (OPEC) fell further last week to 116.34 U.S. dollars a barrel, the Vienna-based cartel said Monday. OPEC oil prices have now declined for five consecutive weeks. Over the last two weeks, prices have fallen by 2.84 and 2.74 dollars respectively.
Since April this year, international crude oil prices have fallen with fluctuations. One of the major reasons behind this is weak demand and a relatively high supply...............................................Full Article: Source
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