HEAVY SELLING IN CRUDE IN INTERNATIONAL MARKET
Today US CRUDE OIL has Gone Below 90 Dollars and Touched Low Below 89 After Recovering from Days low. It is Now Trading above 89 If it Crosses Above 90 then we See buying again before the Opec Meeting The US is a big consumer of crude oil and relies heavily on it for transportation and manufacturing. This industry involves intense buying and selling, with traders negotiating prices and quantities. Crude oil is transported by tankers to refineries, where it’s turned into usable products. However, burning crude oil has negative environmental impacts, so renewable energy sources are being developed to decrease our dependence on it.