Realities and consequences of falling crude market

By hellenicshippingnews A sense of accomplishment is palpably visible at the Department of Energy (DoE) in Washington. Faced with a free fall, oil markets are in a bloodbath. Prices have plunged by 68 per cent over the last 18 months hitting a seven-year low at around $34.50 a barrel on Friday. And all this carry […]

Published December 21, 2015

By LizOutLoud

By hellenicshippingnews A sense of accomplishment is palpably visible at the Department of Energy (DoE) in Washington. Faced with a free fall, oil markets are in a bloodbath. Prices have plunged by 68 per cent over the last 18 months hitting a seven-year low at around $34.50 a barrel on Friday. And all this carry major consequences, ... Read full story ›

Source:: Hellenic shipping news Oil

      

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