Few Months back Crude price was just 60$ per barrel.Now First time in History it rose above 135$ on thursday.
Commodity price are hiking in world.Allover it will become a big problem in world.As day by day Consumption are increasing as in world.As developing country are growing so their consumption are growing fastly.
Some analysts say crude has been boosted in recent days by especially strong demand for diesel in China, where power plants in some areas are running desperately short of coal.
Expert are believing that soon crude price will fall rapidly.All short are coming in market.let see how much days it will take to come back at 100$ level.Any downside in crude make market to recover back.
No comments:
Post a Comment