Crude oil crashes below 130 dollars
Crude oil continued its downward march for the fourth day in a row, with the prices yesterday below 130 dollars. The steep decline of over fifteen dollars, or a little over 10 percent in less than a week, as come as a big relief for all the countries around the world, who are dependent on imported oil to keep their economic machine running. Experts opine that there could be further drop to around 120 dollars in coming weeks if clear signs of demand decline is noticed.