注目の話題: 店員が水分補給してたら怒りますか？; 友達ってなんだろう; 🍀語りあかそうの里🍀1️⃣0️⃣

Let's enjoy English!Ⅱ

No.500　15/03/07 20:23
燻し銀三 ( 50代 ♂ Oe38xe ) あ+あ-

【Price of crude oil fell,and bubble burst in the Middle East.】

《The price of crude oil came down.》

As for the price of the crude oil,it used to be over ＄ 140 per a barrel at one time in summer of 2008,but it became between ＄ 30 and 39 per a barrel at the end of 2008.⤵

When its price was between ＄ 40 and 49 per a barrel,it's said that the price of the crude oil which originally offsets its demand was about ＄ 70,and speculation made its original value exceed,but it means that there used to be more speculation fthe crude oil.☝

Being based on an expectation that price of petroleum falls because of economic recession spread over worldwide,so the price of the crude oil has partly come down.⤵

It's clear that great majors which use the petroleum like China and India expand the consumption for the petroleum,so the price of the crude oil will rise before long,but as both financial anxiety and economic recession continue for a while,the price of the crude oil seems to remain low.