Oil prices keep dropping in world market (video)
The cost of crude has reached the lowest level registered in the past 4 years.
Oil prices keep dropping in the world market. The cost of Brest Crude has approached $82 for one barrel. It has decreased by more than two dollars.
The oil prices keep decreasing because the supplies from Iraq continue despite the threat of Islamic State militants. Saudi Arabia has decreased the oil prices because the USA has started extracting more oil, BBC notes.
The low indexes of economic growth in China and the Eurozone have also led to a decrease in the demand for oil.
Photo: Reuters
