Jawwad

Crude Oil Price Update. The impact of the Earthquake in Japan on the oil market.-12th March 2011

Oil prices fell on Friday, the 11th of March, following a devastating 8.9 earthquake and tsunami which hit Japan, Friday afternoon in Northeast Asia. Japan is the third largest oil consumer in the world, and the devastating earthquake resulted in the shutting down of oil refineries and other industrial facilities in the country, leading to…Read more