Oil Prices

Fall in Global Oil Prices: Reasons and Implications

November 6, 2015

In last one and half year, the Global oil prices have fallen sharply. From 2010 till mid of 2014, the oil prices were fairly stable above $100 per barrel, however, currently the prices are below $50 per barrel. Reasons There are several reasons for this decline. Firstly,...

Present Global Economic Scenario and Role of United States

September 13, 2015

US will expectedly lead revival for the developed world and India for the developing world with oil prices on a downward spiral followed by other commodity prices. The economies are no longer exclusive but are greatly intertwined with each other. The workers are becoming global players so...