Crude Oil -Weak Demand What is the Reason ?

14 December 2014, 04:36
kolioo77
0
182

Weak Demand to Crude Oil is mainly due to many reasons globally.The adoption of  Renewable source of Energy by Europe & U.K the Crude oil demand droped so .Strong Doller and Weak Demand for Crude oil droped Oil prices  at faster rate in last month.In fears The U.A.E also providing discount on Crude oil export to U.S. The weak china economy also weaking the Crude Oil Demand.Only the weak doller will rise Crude oil price not more but below $100 .The manufacturing of Electric cars in china & Japan so increased .it is very difficult to predict the future price of Crude oil prices.

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