Joyous News
CRUDE OIL BONANZA
Price of crude oil in U.S.A. fell to a longtime low of $40 per barrel. This is because of a huge stockpile due to sluggish international demand.
Depending on the perspective – Producers or consumers, OPEC has further contributed to this glut with record production.
Well, this should definitely help rein in inflation, and give bigger spending power to consumers.