| 23.03.2009 - Oil price and OPEC |
| From Triumphnewspapers.com: Oil prices collapsed from a record US$147 per barrel last year to less than US$40 dollars some weeks back, shocking oil producing nations from their temporary economic zone of comfort into the painful embrace of a shrinking world economy following a financial meltdown in the leading economies on earth. The downturn in the global economy is graphically illustrated in the massive decline in international trade.....Full Article: Source |