The alarmingly high price of crude oil, touching nearly $150 a barrel, has alarmed every nation across the world but the ones producing. Is it really the excess usage of non-renewable source of energy causing its depletion or a mere speculation using the threat of depleting resources for their ulterior motives? Really hard to say, [...]
Archive for the ‘Oil’ Category
Price of oil
Posted in business, market, milliondollars, Oil, USA, tagged crude oil, Dubai, India, Oil, OPEC, petroleum, Saudi Arabia, UAE, USA on July 10, 2008 | 35 Comments »