Oil Prices Trend GoingTo Under 30 Dollar

The price of crude oil is currently catapulted back as in the period prior to the global financial crisis 2009 due to an outpouring of production and supply of globally. The price of crude oil West Texas Intermediate (WTI and Brent still around $30s per barrel, they this is the crude oil with the level of sulfur that little so easily distilled and value more expensive. Some types of other crude oil with sulfur content that is larger, more dark colors of oil supplies off of course more difficult to distilled water and a cheaper price will be more cheap with the fall in oil prices, generally they already traded on the price range of the $20s per barrel.

As the image of the price of crude oil from Mexico sold on the price near $28 per barrel, cheapest price them in 11 years. In 18 months, crude oil prices Mexico already plunged 73 percent, on December 11 yesterday was even touching $27,74 price per barrel. Iraq sell their crude oil to a number of countries in Asia on the price of $25 per barrel. Furthermore, Canada has sold its reliance on oil prices on the price of $22 per barrel, this is the cheapest price in one windu with fell by 75 percent to $21,37 price per barrel. The types of other crude oil prices also decline, such as the production of Ecuador, Venezuela and Saudi Arabia is also sold under $30 per barrel, according to data collected in a Bloomberg News survey.