Connect with us

Hi, what are you looking for?

TVCE Articles

Saudi-Iran Tension Affects Crude Oil Price

The tension between Saudi Arabia and Iran has caused a fluctuation in oil prices as crude oil rise from 3.3% to $38.50 (£26.17) a barrel at one stage.

However, the economic data coming out of China triggered fears about a downturn in economic growth, and sentiment about the world economy was knocked further by figures coming out of the US. Brent was down 13 cents at $37.14.

Saudi Arabia and Iran are the most powerful members of the Organisation of the Petroleum Exporting Countries, OPEC.

Advertisement
                   CCCCCC

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Entertainment

Nigerian actress Ini Dima-Okojie has revealed that she is once again facing health challenges due to the return of fibroids, just three years after...

Movie

In a strategic move, AMC Networks has inked a deal with Netflix to bring a curated selection of 15 of its shows to the...

Entertainment

The Nigerian Police Force has confirmed it’s currently investigating complaints lodged against popular businessman and cryptocurrency billionaire, Linus Williams, also known as Blord, by...

Movie

The highly anticipated fifth and final season of the hit Netflix series “Stranger Things” is on the horizon, and fans have been given a...

Copyright © TVCCommuniation owner of TVC Entertainment