The oil prices in United States have been slipping out of the blue for nearly two days. Since the oil prices subsided,, the commodities market was also affected. And this is for the first time that oil has reached such a declining point in 2006. The traders in United States feel that the price of oil may remain the same. But as far as my opinion is concerned I feel that the fluctuation in oil is of momentary nature and will surely regain its original place in coming hours. Crude oil maintains its demand and there is stability in crude oil’s supply.
No comments:
Post a Comment