Profit

Just how high will oil prices go?

PUBLISHED ON: May 12, 2008 | Duration: 1 min, 24 sec

facebooktwitteremailkoo
loading..
Crude oil prices are cooling off a little bit. After hitting $126 a barrel, the crude oil prices are down for the first time in 6 sessions and it has a lot to do with emerging markets like India and China.China's oil imports fell in April as crude costs prompted refiners to cut demand. In India the latest industrial production grew at its slowest pace since 2002 suggesting demand for oil from Indian industry is set to reduce.
ALSO WATCH
Jio, India's Largest Operator, Restores Services After 3 Hour Outage

................................ Advertisement ................................

Short videosBy Firework

................................ Advertisement ................................

Listen to the latest songs, only on JioSaavn.com