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Oil prices


Oil Producers Start Year with $100 Billion Wiped out

Oil Producers Start Year with $100 Billion Wiped out

For the first week of 2016, oil prices slumped hitting a low beneath 35 dollars per barrel, which consequentially raised investors’ concerns of it further declining over the upcoming days, and setting back to 30 dollars per barrel. Oil prices are under two pressuring...
Media ID: 55346304
Caption:

Turkey’s President Recep Tayyip Erdogan speaks at a joint media briefing with Indonesia’s President Joko Widodo at the presidential palace in Jakarta, Indonesia July 31, 2015. REUTERS/Darren Whiteside